US Dollar is looking to pare gains against Japanese yen as it failed to capitalize its gains near 109.00 handle.
The spot remains unimpressed by the Dollar bulls as the risk sentiment deteriorates on the day, giving room to the Japanese Yen's safe haven demand.
Further fresh impetus will be provided by the US Philly Fed Manufacturing index data due on the day.
Technical Levels to Watch
Immediate support is pegged at 108.55 ahead of 108.00 handle and then 107.75. On the flip side, immediate resistance lies at 109.10 ahead of 109.45 and then 110.00 level.
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