• USD/JPY is currently trading around 107.98 marks.
   
• It made intraday high at 108.04 and low at 107.36 levels.
   
• Intraday bias remains neutral for the moment.
   
• A daily close above 108.07 will take the parity higher towards key resistances around 109.20, 110.42, 111.68, 112.40, 112.98, 114.00 and 115.22 mark respectively.
   
• On the other side, a sustained close below 108.07 will drag the parity down towards key supports around 107.36, 106.76, 105.95 and 104.00 levels respectively.
   
• Japan’s manufacturing PMI stands at 47.8 pct vs 47.6 pct previous release (expected 47.6).
   
• Japan’s capital spending stands at -3.5 pct vs 7.1 pct previous release (expected -2.5 pct).
   
• Japan’s Nikkei was trading 0.30 pct higher at 21,205.55 points.