• USD/JPY is currently trading around 112.80 marks.
   
• It made intraday high at 112.93 and low at 112.52 levels.
   
• Intraday bias remains neutral till the time pair holds key support at 112.57 levels.
   
• A daily close above 112.57 will take the parity higher towards key resistances around 114.42, 115.61, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
   
• On the other side, a sustained close below 112.57 will drag the parity down towards key supports around 112.05, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
   
• Japan’s Nikkei manufacturing PMI increases to 52.8 vs previous 52.4.
   
• Japan’s January new export orders rise at quickest pace in over a year.