- USD/JPY is currently trading around 109.44 marks.
- It made intraday high at 109.53 and low at 109.28 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 109.50 will take the parity higher towards key resistances around 110.22, 111.40, 111.87, 112.56 and 113.44 levels respectively.
- On the other side, a sustained close below 109.50 will drag the parity down towards key supports around 108.54, 107.65, 106.98, 106.61 and 105.98 levels respectively.
- Japan April machinery orders m/m increase to 10.1 % (forecast 2.8 %) vs previous -3.9 %.
- Japan April machinery orders y/y increase to 9.6 % (forecast 3.9 %) vs previous -2.4 %.
- Tokyo's Nikkei share average opens down 0.03 pct at 22,686.95.
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