- USD/JPY is currently trading around 107.44 marks.
- It made intraday high at 107.56 and low at 107.35 levels.
- Intraday bias remains bullish till the time pair holds key support at 106.98 mark.
- A daily close above 107.35 will take the parity higher towards key resistances around 107.90, 108.64, 110.32, 110.92 and 111.87 levels respectively.
- On the other side, a sustained close below 107.35 will drag the parity down towards key supports around 106.98, 106.61, 105.98, 104.63, 103.34, 102.58 and 101.98 levels respectively.
- Japan April Reuters Tankan decrease to 21 vs previous 28.
- Japan March CPI, core nationwide yy decrease to 0.9 % (forecast 0.9 %) vs previous 1 %.
- Japan March CPI, overall nationwide decrease to 1.1 % vs previous 1.5 %.
- Japan March CPI index excluding fresh food stays flat at 100.6 vs previous 100.6.
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