- USD/JPY is currently trading around 109.86 marks.
- It made intraday high at 109.99 and low at 109.77 levels.
- Intraday bias remains bullish till the time pair holds key support at 109.37 marks.
- A daily close above 109.81 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 109.81 will drag the parity down towards key supports around 109.37, 108.54, 107.65, 106.98, 106.61 and 105.98 levels respectively.
- Japan April all household spending m/m decrease to -1.6 % (forecast 0.7 %) vs previous -0.1 %.
- Japan April all household spding y/y decrease to -1.3 % (forecast 0.8 %) vs previous -0.7 %.
- Tokyo's Nikkei share average opens up 0.34 pct at 22,552.17.
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