TOKYO (AFX-ASIA) - The dollar turned top-heavy in midafteroon trading on quick profit-taking after having failed to break through the 133 yen level earlier in the day, dealers said. "Investors still do not have strong confidence about a full recovery in the dollar, and they place sell orders at every key level," Sumitomo Trust and Banking Co Ltd customer dealer Jitsuo Tachibana said. "While the speculation about a seasonal rise in demand for the dollar ahead of the fiscal year-end is expected to continue to support the currency, it may not be so easy to see a test of 135 yen level." However, renewed concerns over a growing number of political scandals in Japan are expected to continue to support the dollar's downside, dealers said. According to the Kyodo news agency, the Social Democratic Party (SDP) on Monday is likely to ask its House of Representatives member Kiyomi Tsujimoto to resign from the party and the Diet to take responsibility for a money scandal involving a one-time aide. Investors are also cautiously awaiting the release later this week of major economic indicators, including the closely-watched industrial production data, dealers said. On Monday next week, the Bank of Japan will release its quarterly Tankan report on business sentiment. "If these reports were to have some positive impact on the trend of the local equity market, the yen may resume some appreciation, but not to an extent of re-testing the 130 yen level," Tachibana said. In addition, the BoJ governor Masaru Hayami is scheduled to hold a press conference later today. The euro was confined to narrow trading ranges, with investors bracing for a raft of US economic indicators to provide fresh leads, dealers said. "As the euro has again shown an inability to break through its major upside resistance recently, it may undergo some correction," Tachibana said.