- USD/JPY is currently trading around 112.27 marks.
- It made intraday high at 112.40 and low at 112.23 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 112.89 marks.
- A daily close above 112.38 will take the parity higher towards key resistances around 112.89, 113.54, 114.17, 114.88, 115.50, 117.21 and 118.18 levels respectively.
- On the other side, a sustained close below 112.38 will drag the parity down towards key supports around 111.73, 111.37, 110.48, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
- Japan Q4 2017 tankan big manufacturing index increase to 25 (forecast 24) vs previous 22.
- Japan Q4 2017 tankan big non - manufacturing index stays flat at 23 (forecast 23) vs previous 23.
- Tokyo's Nikkei share average opens down 0.32 pct at 22,621.36.
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