FxWirePro: Japanese yen trades marginally lower despite higher than expected BSI manufacturing index data
Wednesday, September 11, 2019 1:04 AM UTC
- USD/JPY is currently trading around 107.62 marks.
- It made intraday high at 107.63 and low at 107.47 levels.
- Intraday bias remains slightly bullish for the moment.
- A daily close above 107.53 will take the parity higher towards key resistances around 107.85, 109.62, 110.70, 111.44, 112.40, 112.88 and 113.26 levels respectively.
- On the other side, a sustained close below 107.53 will drag the parity down towards key supports around 106.76, 105.95, 104.00, 102.22, 101.68 and 100.98 levels respectively.
- Japan’s Nikkei was trading 0.40 pct higher at 21,478.50 points.
- Japan BSI manufacturing index stands at -0.2 pct vs -10.4 pct previous release (expected -7.1 pct).