- USD/JPY is currently trading around 107.81 marks.
- It made intraday high at 107.88 and low at 107.65 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 107.90 mark.
- A daily close above 107.61 will take the parity higher towards key resistances around 107.90, 108.64, 110.32, 110.92 and 111.87 levels respectively.
- On the other side, a sustained close below 107.61 will drag the parity down towards key supports around 107.35, 106.98, 106.61, 105.98, 104.63, 103.34, 102.58 and 101.98 levels respectively.
- Japan April nikkei manufacturing PMI flash increase to 53.3 vs previous 53.1.
- Tokyo's Nikkei share average opens down 0.02 pct at 22,157.88.
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