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- USD/JPY is currently trading around 110.33 marks.
- It made intraday high at 110.40 and low at 110.26 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 110.40 mark.
- A daily close above 110.40 will take the parity higher towards key resistances around 110.92, 111.87, 112.56 and 113.44 levels respectively.
- On the other side, a sustained close below 110.40 will drag the parity down towards key supports around 109.64, 108.54, 107.65, 106.98, 106.61 and 105.98 levels respectively.
- Japan March machinery orders y/y decrease to -2.4 % (forecast 0.3 %) vs previous 2.4 %.
- Japan March machinery orders m/m decrease to -3.9 % (forecast -3 %) vs previous 2.1 %.
- Tokyo's Nikkei share average opens up 0.46 pct at 22,820.62.
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