- USD/JPY is currently trading around 106.29 marks.
- It made intraday high at 106.53 and low at 106.22 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 107.02 mark.
- A daily close above 106.41 will take the parity higher towards key resistances around 107.02, 107.77, 108.64, 110.32, 110.92 and 111.87 levels respectively.
- On the other side, a sustained close below 106.41 will drag the parity down towards key supports around 105.32, 104.63, 103.34, 102.58 and 101.98 levels respectively.
- Japan March CPI core tokyo y/y decrease to 0.8 % (forecast 0.9 %) vs previous 0.9 %.
- Japan Feb unemployment rate increase to 2.5 % (forecast 2.6 %) vs previous 2.4 %.
- Japan March CPI, overall tokyo decrease to 1 % vs previous 1.4 %.
- Japan Feb industrial output prelim m/m increase to 4.1 % (forecast 5 %) vs previous -6.8 %.
- Tokyo's Nikkei share average opens up 1.10 pct at 21,392.42.
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