• USD/JPY is currently trading around 103.09 marks.
   
• It made intraday high at 103.15 and low at 102.86 levels.
   
• Intraday bias remains bullish till the time pair holds key support at 101.97 levels.
   
• A daily close above 103.39 will take the parity higher towards key resistances around 105.50, 106.12, 106.72, 107.49, 107.90 and 109.13 levels respectively.
   
• On the other side, a sustained break below 101.97 will drag the parity down towards key supports at 101.23, 100.48, 99.99, 99.27 and 98.78 levels respectively.
   
• Japan July industrial output prelim m/m decrease to 0.0 % (forecast 0.8 %) vs previous 2.3%.
   
• Japan July industrial production forecast 1 month ahead increases to 4.1 % vs previous 2.4%.
   
• Japan July industrial production forecast 2 month ahead decreases to -0.7 % vs previous 2.3%.