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- USD/JPY is currently trading around 104.95 marks.
- It made intraday high at 105.40 and low at 104.63 levels.
- Intraday bias remains bearish till the time pair holds key resistane at 106.10 mark.
- A daily close above 105.27 will take the parity higher towards key resistances around 106.10, 106.60, 107.32, 107.90, 108.64, 110.32, 110.92 and 111.87 levels respectively.
- On the other side, a sustained close below 105.27 will drag the parity down towards key supports around 104.63, 103.34, 102.58 and 101.98 levels respectively.
- Japan Feb CPI, core nationwide y/y increase to 1 % (forecast 1 %) vs previous 0.9 %.
- Japan Feb CPI, overall nationwide increase to 1.5 % vs previous 1.4 %.
- Tokyo's Nikkei share average opens down 1.87 pct at 21,188.80.
- Tokyo's Nikkei share average extends fall, down 3.00 pct.
- Japan's nikkei share average falls to lowest since mid - October.
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