Overall, USD/JPY is ranging across.
The Japanese Flash Manufacturing PMI data (Actual: 52.2, Forecast: TBA, Previous: 52.4 revised from 51.3) released earlier today indicated continued expansion in the manufacturing sector in July at around the same pace as the previous month.
Currently, USD/JPY is moving towards the resistance zone of 110.800 and the next support zone is at 108.500.
Look for short-term selling opportunities of USD/JPY if it rejects the resistance zone of 110.800.
The Japanese Flash Manufacturing PMI data (Actual: 52.2, Forecast: TBA, Previous: 52.4 revised from 51.3) released earlier today indicated continued expansion in the manufacturing sector in July at around the same pace as the previous month.
Currently, USD/JPY is moving towards the resistance zone of 110.800 and the next support zone is at 108.500.
Look for short-term selling opportunities of USD/JPY if it rejects the resistance zone of 110.800.
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