FxWirePro: USD/JPY stays flat after Japan’s Tankan manufacturing index, non manufacturing index data
Wednesday, December 14, 2016 12:58 AM UTC
- USD/JPY is currently trading around 115.07 marks.
- It made intraday high at 115.28 and low at 115.00 levels.
- Intraday bias remains neutral till the time pair holds key support at 114.72 levels.
- A daily close above 115.47 will take the parity higher towards key resistances around 116.78 and 117.52 levels respectively.
- On the other side, a sustained close below 114.72 will drag the parity down towards key supports around 113.98, 113.13, 112.05, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
- Japan Q4 Tankan big manufacturing index increases to 10 (forecast 10) vs previous 6.
- Japan Q4 Tankan big non-manufacturing index stays flat at 18 (forecast 19) vs previous 18.