- USD/JPY is currently trading around 107.02 marks.
- It made intraday high at 107.25 and low at 106.96 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 107.49 mark.
- A daily close above 107.18 will take the parity higher towards key resistances around 107.49, 108.64, 110.32, 110.92 and 111.87 levels respectively.
- On the other side, a sustained close below 107.18 will drag the parity down towards key supports around 106.61, 105.98, 104.63, 103.34, 102.58 and 101.98 levels respectively.
- Japan Feb machinery orders m/m decrease to 2.1 % (forecast -2.5 %) vs previous 8.2 %.
- Japan March bank lending y/y decrease to 2 % vs prev 2.1 %.
- Japan March corp goods price m/m increase to -0.1 % (forecast -0.1 %).
- Tokyo's Nikkei share average opens up 0.11 pct at 21,819.09.
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