• USD/JPY is currently trading around 109.90 marks.
  
• It made intraday high at 109.99 mark and low at 109.85 levels.
  
• Intraday bias remains neutral for the moment.
  
• A daily close above 109.98 will take the parity higher towards key resistances around 110.22, 110.70, 111.44 and 112.40 levels respectively.
  
• On the other side, a sustained close below 109.62 will drag the parity down towards key supports around 109.02, 107.77, 106.76, 105.95, 104.00 and 102.22 levels respectively.
  
• Japan’s Nikkei was trading 0.04 pct higher at 23,920.50 points.
  
• Japan’s core machinery orders stands at 18.0 pct vs -6.0 pct previous release (expected 3.1).
  
• Japan’s PPI stands at 0.9 pct vs 0.1 pct previous release (expected 0.9).