• FxWirePro: Japanese Yen falls in early Asia as manufacturing PMI data fails to meet expectations

    Source: FxWireTechnicals / 24 Sep 2017 21:39:23   Eastern Standard Time

    • USD/JPY is currently trading around 112.44 marks.
       
    • It made intraday high at 112.52 and low at 112.11 levels.
       
    • Intraday bias remains slightly bullish till the time pair holds key support at 111.99 marks.
       
    • A daily close above 111.99 will take the parity higher towards key resistances around 112.86, 113.57, 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 111.99 will drag the parity down towards key supports around 111.57, 110.99, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
       
    • Japan Sept flash manufacturing PMI releases at 52.6 m/m vs 52.2 m/m previous release (forecast 53.4).
       
    • Tokyo's Nikkei share average opens up 0.70 pct at 20,439.43.

    FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest