• USD/JPY is currently trading around 113.11 marks.
   
• It made intraday high at 113.12 and low at 112.79 levels.
   
• Intraday bias remains bullish till the time pair holds key support at 112.61 marks.
   
• A daily close above 112.90 will take the parity higher towards key resistances around 113.50, 114.95, 115.61, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
   
• On the other side, a sustained close below 112.90 will drag the parity down towards key supports around 111.62, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
   
• Japan’s January trade balance total yen decreases to -1086.9 bln jpy (forecast -636.8 bln jpy) vs previous 641.4 bln jpy.
   
• Japan’s January exports yy decrease to 1.3 % (forecast 4.7 %) vs previous 5.4 %.
   
• Japan’s January imports yy increase to 8.5 % (forecast 4.7 %) vs previous -2.6 %.