USD/JPY May Fall On Japan Exporter-Sales

USD/JPY may fall in Asia as Japanese exporters show willingness to sell a lot of USD to settle accounts on this regular settlement day, says Tokyo Forex and Ueda Harlow senior dealer Masanobu Ishikawa. Regular settlement days are every 5th, 10th, 15th, 20th, 25th and 30th of each month. however, downside below 92.00 unlikely as longer-term sentiment on pair positive due to recent high U.S. yields. Focus on Case-Shiller Home Price Index as well as Conference Board consumer confidence data due later in global day; pair has potential to rise sharply if data beat expectations, may target above 93.00. Tips 92.00-92.80 range vs last 92.50. EUR likely to rise as investors have become "super optimistic about Greece's outlook in terms of its debt issue." EUR/USD may trade in 1.3420-1.3520 range vs last 1.3478. EUR/JPY may track 124.10-125.10 range vs last 124.65.