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- USD/JPY is currently trading around 109.55 marks.
- It made intraday high at 109.56 and low at 109.13 levels.
- Intraday bias remains bullish till the time pair holds key support at 108.95 marks.
- A daily close above 109.24 will take the parity higher towards key resistances around 110.10, 111.40, 111.87, 112.56 and 113.44 levels respectively.
- On the other side, a sustained close below 109.24 will drag the parity down towards key supports around 108.54, 107.65, 106.98, 106.61 and 105.98 levels respectively.
- Japan May CPI, overall Tokyo decrease to 0.4 % vs previous 0.5 %.
- Japan May CPI core Tokyo y/y decrease to 0.5 % (forecast 0.6 %) vs previous 0.6 %.
- Tokyo's Nikkei share average opens down 0.25 pct at 22,380.22.
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