- USD/JPY is currently trading around 113.25 marks.
- It made intraday high at 113.49 and low at 113.17 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 113.45 marks.
- A daily close above 113.45 will take the parity higher towards key resistances around 114.17, 114.88, 115.50, 117.21 and 118.18 levels respectively.
- On the other side, a sustained close below 113.45 will drag the parity down towards key supports around 112.95, 111.99, 111.47, 110.99, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
- Japan Q3 GDP q/q decrease to 0.3 % (forecast 0.3 %) vs previous 0.6 %.
- Japan Q3 GDP q/q private consumption prelim decrease to -0.5 % (forecast -0.4 %) vs previous 0.7 % (revised from 0.8 %).
- Japan Q3 GDP q/q capital expend decrease to 0.2 % (forecast 0.3 %) vs previous 0.5 %.
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