• USD/JPY is currently trading around 107.62 marks.
   
• It made intraday high at 107.77 and low at 107.03 levels.
   
• Intraday bias remains slightly bullish till the time pair holds key support at 107.47 mark.
   
• A daily close above 107.47 will take the parity higher towards key resistances around 107.89, 108.47, 108.95, 109.62, 110.70, 111.44 and 112.40 levels respectively.
   
• On the other side, a sustained close below 107.47 will drag the parity down towards key supports around 106.76, 105.95, 104.00, 102.22, 101.68 and 100.98 levels respectively.
   
• Japan’s bank lending stands at 2.0 pct vs 2.1 pct previous release.
   
• Japan’s core machinery orders m/m stands at -2.4 pct vs -6.6 pct previous release (expected 0.0 pct).
   
• Japan’s PPI stands at -1.1 pct vs -0.9 pct previous release.
   
• Japan’s Nikkei was trading 0.38 pct higher 21,532.50 points.