• USD/JPY is currently trading around 101.42 marks.
   
• It made intraday high at 101.95 and low at 101.25 levels.
   
• Intraday bias remains bearish till the time pair holds key resistance at 102.52 levels.
   
• A daily close above 102.52 will take the parity higher towards key resistances around 102.83, 103.39, 105.50, 106.12, 106.72, 107.49, 107.90 and 109.13 levels respectively.
   
• On the other side, a sustained break below 100.87 will drag the parity down towards key supports at 99.99, 99.27 and 98.78 levels respectively.
   
• Japan June machinery orders m/m increase to 8.3 % (forecast 3.1 %) vs previous -1.4%.


• Japan July corporate goods price m/m increase to 0 % (forecast -0.1 %) vs previous -0.1%.