- USD/JPY is currently trading around 109.10 marks.
- It made intraday high at 109.36 and low at 109.04 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 109.32 will drag the parity up towards 111.23, 112.60 and 113.42 levels respectively.
- Alternatively, reversal from key resistance will drag the parity down towards key supports at 108.27, 106.15, 105.71, 105.45 and 104.55 levels respectively.
- Japan will release leading indicator data at 0500 GMT. Market anticipates reading around 96.4 vs 96.8 previous release.
The material has been provided by InstaForex Company – www.instaforex.com