• FxWirePro: Japanese Yen rises in early Asia despite lower than expected manufacturing PMI data

    Source: FxWire Pro - Technicals / 21 Mar 2018 21:51:31   Eastern Standard Time

    • USD/JPY is currently trading around 105.73 marks.
       
    • It made intraday high at 106.08 and low at 105.57 levels.
       
    • Intraday bias remains bearish till the time pair holds key resistane at 106.60 mark.
       
    • A daily close above 106.04 will take the parity higher towards key resistances around 106.60, 107.32, 107.90, 108.64, 110.32, 110.92 and 111.87 levels respectively.
       
    • On the other side, a sustained close below 106.04 will drag the parity down towards key supports around 105.25, 104.96 and 103.34 levels respectively.
       
    • Japan March Nikkei manufacturing PMI flash decrease to 53.2 vs previous 54.1.
       
    • Tokyo's Nikkei share average opens down 0.13 pct at 21,352.16.

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