- USD/JPY is currently trading around 113.10 marks.
- It made intraday high at 113.19 and low at 112.98 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 113.57 marks.
- A daily close above 113.16 will take the parity higher towards key resistances around 113.57, 113.83, 114.10, 114.88, 115.50, 117.21 and 118.18 levels respectively.
- On the other side, a sustained close below 113.16 will drag the parity down towards key supports around 112.51, 111.99, 111.47, 110.99, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
- Japan Sep unemployment rate stays flat at 2.8 % (forecast 2.8 %) vs previous 2.8 %.
- Japan Sep all household spending m/m increase to 0.4 % (forecast 0.1 %) vs previous 0.2 %.
- Japan Sep industrial output prelim mm decrease to -1.1 % (forecast -1.5 %) vs previous 2.0 %.
- Tokyo's Nikkei share average opens down 0.52 pct at 21,897.29.
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