FxWirePro: Japanese yen falls in early Asia as Japan’s flash manufacturing PMI fails to meet expectations
Friday, March 24, 2017 1:20 AM UTC
- USD/JPY is currently trading around 111.32 marks.
- It made intraday high at 111.35 and low at 110.86 levels.
- Intraday bias remains bullish till the time pair holds key support at 110.62 marks.
- A daily close above 110.92 will take the parity higher towards key resistances around 111.80, 112.86, 114.88, 115.50, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
- On the other side, a sustained close below 110.92 will drag the parity down towards key supports around 109.72, 106.72, 106.03 and 104.96 levels respectively.
- Japan’s March Nikkei manufacturing PMI decreases to 52.6 vs previous 53.3.