• USD/JPY is currently trading around 107.83 marks.
   
• It made intraday high at 107.89 and low at 107.64 levels.
   
• Intraday bias remains bullish till the time pair holds key support at 107.72 mark.
   
• A daily close above 107.72 will take the parity higher towards key resistances around 108.47, 108.95, 109.62, 110.70, 111.44 and 112.40 levels respectively.
   
• On the other side, a sustained close below 107.72 will drag the parity down towards key supports around 107.04, 106.76, 105.95, 104.00, 102.22, 101.68 and 100.98 levels respectively
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• Japan consumer confidence data stands at 35.6 pct vs 37.1 pct previous release (expected 38.2).