FxWirePro: Japanese yen trades slightly lower as flash manufacturing PMI data misses expectations
Friday, June 23, 2017 1:12 AM UTC
- USD/JPY is currently trading around 111.34 marks.
- It made intraday high at 111.38 and low at 111.22 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 111.30 will take the parity higher towards key resistances around 111.84, 112.62, 113.79, 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 111.30 will drag the parity down towards key supports around 110.65, 109.27, 108.32, 106.72, 106.03 and 104.96 levels respectively.
- Japan’s flash June manufacturing PMI falls to 52.0 from 53.1 in May; new orders grow at slowest pace in 7 months.