• USD/JPY is currently trading around 110.20 marks.
   
• It made intraday high at 110.44 and low at 110.16 levels.
   
• Intraday bias remains slightly bearish till the time pair holds key resistance at 110.80 marks.
   
• A daily close above 110.31 will take the parity higher towards key resistances around 110.80, 111.22, 111.84, 112.62, 113.79, 114.88, 115.50, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
   
• On the other side, a sustained close below 110.31 will drag the parity down towards key supports around 109.11, 108.32, 106.72, 106.03 and 104.96 levels respectively.
   
• Japan’s April machinery orders m/m decrease to -3.1 % (forecast -1.3 %) vs previous 1.4 %.
   
• Japan’s May corporate goods price mm decrease to 0.0 % (forecast 0.1 %) vs previous 0.2 %.


• Tokyo's Nikkei share average opens down 0.46 pct at 19,920.77.