- USD/JPY is currently trading around 102.90 marks.
- It made intraday high at 103.39 and low at 102.82 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 103.45 marks.
- A daily close above 103.45 is required to take the parity higher towards key resistances around 103.78, 104.80, 106.12 and 107.46 levels respectively.
- On the other side, a sustained break below 102.17 will drag the parity down towards key supports at 101.55, 100.98, 99.27 and 98.82 levels respectively.
- Japan Q2 tankan big manufacturing index stays flat at 6 (forecast 4) vs previous 6.
- Japan Q2 tankan big non-manufacturing index decrease to 19 (forecast 19) vs previous 22.
- Japan June CPI, overall Tokyo stays flat at -0.5 % vs previous -0.5 %.
- Japan May unemployment rate stays flat at 3.2 % (forecast 3.2 %) vs previous 3.2 %
- Japan May CPI, overall nationwide decrease to -0.4 % vs previous -0.3%.
- Japan May all household spending y/y decrease to -1.1 % (forecast -1.4 %) vs previous -0.4 %.
The material has been provided by InstaForex Company – www.instaforex.com