• USD/JPY is currently trading around 109.20 marks.
   
• It made intraday high at 109.31 and low at 108.70 levels.
   
• Intraday bias remains bullish for the moment.
   
• A daily close above 108.85 will take the parity higher towards key resistances around 109.62, 110.70, 111.44, 112.40, 112.88 and 113.26 levels respectively.
   
• On the other side, a sustained close below 108.45 will drag the parity down towards key supports around 107.90, 107.16, 106.62, 105.25 and 104.00 levels respectively.
   
• Japan July manufacturing PMI at 49.4 pct vs 49.6 pct previous release.
   
• Japan’s Nikkei was trading 0.17 pct higher at 21,557.50 points.