3 September 2013, 17:57  The USD/JPY is little changes

The USD/JPY was little changed after data showed US Markit Manufacturing PMI fell slightly in August, missing expectations. USD/JPY barely moved and continues to trade around 99.50 as investors eye the ISM Manufacturing PMI that will be released at 14:00GMT. The pair had fallen to a daily low of 99.15 during the European session, weighed by headlines of a missile launch in the Middle East. However, USD/JPY managed to bounce In terms of technical levels, USD/JPY could find immediate resistances at 99.70 (daily high) and 100.00 (key psychological level), while supports are seen at 99.15 (daily low) and 98.95 (100-day SMA).

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