• USD/JPY is currently trading around 108.57 marks.
   
• It made intraday high at 108.69 and low at 108.57 levels.
   
• Intraday bias remains neutral till the time pair holds key resistance at 108.85 mark.
   
• A daily close above 108.85 will take the parity higher towards key resistances around 109.62, 110.70, 111.44 and 112.40 levels respectively.
   
• On the other side, a sustained close below 108.38 will drag the parity down towards key supports around 107.47, 106.76, 105.95, 104.00, 102.22, 101.68 and 100.98 levels respectively.
   
• Japan’s Nikkei was trading 0.67 pct higher at 22,781.50 points.
   
• Japan manufacturing PMI stands at 48.5 pct vs 48.9 pct previous release (expected 49.2).
   
• Japan national CPI m/m stands at 0.0 pct vs 0.0 pct previous release.
   
• Japan national CPI y/y stands at 0.2 pct vs 0.3 pct previous release (expected 0.4).