• USD/JPY is currently trading around 110.80 marks.
   
• It made intraday high at 111.01 and low at 110.76 levels.
   
• Intraday bias remains slightly bearish till the time pair holds key resistance at 111.40 mark.
   
• A daily close above 111.03 will take the parity higher towards key resistances around 111.40, 111.87, 112.56 and 113.44 levels respectively.
   
• On the other side, a sustained close below 110.99 will drag the parity down towards key supports around 110.28, 109.96, 109.36, 108.34, 107.65, 106.98, 106.61 and 105.98 levels respectively.
   
• Japan May machinery orders y/y increase to 16.5 % (forecast 8.6 %) vs previous 9.6 %.
   
• Japan May machinery orders m/m decrease to -3.7 % (forecast -5.5 %) vs previous 10.1 %.
   
• Japan June corp goods price mm decrease to 0.2 % (forecast 0.1 %) vs previous 0.6 %.
   
• Japan June corp goods price yy increase to 2.8 % (forecast 2.8 %) vs previous 2.7 %.
   
• Tokyo's Nikkei share average opens down 0.88 pct at 22,002.14.