FxWirePro: USD/JPY hits fresh 10-month high at 114.82 in early hours of Asia, bias remains bullish
USD/JPY is currently trading around 114.42 marks. It made intraday high at 114.82 and low at 114.27 levels. Intraday bias remains bullish till the time pair holds key support at 112.05 levels. A daily close above 114.42 …
It made intraday high at 114.82 and low at 114.27 levels.
Intraday bias remains bullish till the time pair holds key support at 112.05 levels.
A daily close above 114.42 will take the parity higher towards key resistances around 115.32, 116.78 and 117.25 levels respectively.
On the other side, a sustained close below 114.42 will drag the parity down towards key supports around 112.05, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
Japan’s November Nikkei manufacturing PMI increases to 51.3 vs previous 51.1.
Japan’s Q3 business CAPEX y/y decreases to -1.3 % vs previous 3.1 %.
