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FxWirePro: Japanese yen trades marginally higher after Tankan manufacturing – non manufacturing index data

  • USD/JPY is currently trading around 113.45 marks.
     
  • It made intraday high at 113.66 and low at 113.45 levels.
     
  • Intraday bias remains slightly bearish for the moment.
     
  • A daily close above 113.58 will take the parity higher towards key resistances around 113.98, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
     
  • On the other side, a sustained close below 113.58 will drag the parity down towards key supports around 113.20, 112.22, 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
     
  • Japan Q4 2018 Tankan big manufacturing index stays flat at 19 (forecast 17) vs previous 19.
     
  • Japan Q4 2018 Tankan big non - manufacturing index increase to 24 (forecast 21) vs previous 22 .
     
  • Japan Dec 2018 Nikkei manufacturing PMI flash increase to 52.4 vs previous 52.2.
     
  • Tokyo's Nikkei share average opens down 0.81 pct at 21,638.96.
  • Market Data
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