FxWirePro: Japanese yen strengthens on robust core machinery orders data

• USD/JPY is currently trading around 113.46 marks.
   
• It made intraday high at 113.57 and low at 113.41 levels.
   
• Intraday bias remains bearish till the time pair holds key resistance at 113.75 marks.
   
• A daily close above 113.54 will take the parity higher towards key resistances around 114.17, 114.88, 115.50, 117.21 and 118.18 levels respectively.
   
• On the other side, a sustained close below 113.54 will drag the parity down towards key supports around 113.07, 112.36, 111.73, 111.37, 110.48, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
   
• Japan Oct 2017 machinery orders mm increase to 5 % (forecast 3 %) vs previous -8.1 %.
   
• Japan Oct 2017 machinery orders y/y increase to 2.3 % (forecast -2.8 %) vs previous -3.5 %.
   
• Tokyo's Nikkei share average opens up 0.06 pct at 22,879.27.

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