• USD/JPY is currently trading around 112.43 marks.
   
• It made intraday high at 112.54 and low at 112.05 levels.
   
• Intraday bias remains bullish till the time pair holds key support at 111.62 levels.
   
• A daily close above 112.58 will take the parity higher towards key resistances around 112.58, 113.89, 114.55, 115.32 and 117.25 levels respectively.
   
• On the other side, a sustained break below 111.62 will drag the parity down towards key supports around 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
   
• Japan’s October industrial output prelim m/m decreases to 0.1 % (forecast -0.1 %) vs previous 0.6 %.
   
• Japan’s October IP forecast 1 month ahead increases to 4.5 % vs previous 1.1 %.
   
• Japan’s October IP forecast 2 month ahead decreases to -0.6 % vs previous 2.1 %.