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FxWirePro: Japanese yen trades slightly lower as manufacturing PMI data fails to match expectations

  • USD/JPY is currently trading around 113.37 marks.
     
  • It made intraday high at 113.49 and low at 113.30 levels.
     
  • Intraday bias remains neutral till the time pair holds key resistance at 113.43 marks.
     
  • A daily close above 113.43 will take the parity higher towards key resistances around 114.10, 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 113.43 will drag the parity down towards key supports around 112.51, 111.99, 111.47, 110.99, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
     
  • Tokyo's Nikkei share average opens down 0.12 pct at 21,670.00.
     
  • Japan October Nikkei manufacturing PMI flash decrease to 52.5 vs previous 52.9.

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