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AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108 
- USD/JPY is currently trading around 112.65 marks.
- It made intraday high at 112.77 and low at 112.46 levels.
- Intraday bias remains bullish till the time pair holds key support at 112.05 marks.
- A daily close above 112.50 will take the parity higher towards key resistances around 113.75, 114.17, 114.88, 115.50, 117.21 and 118.18 levels respectively.
- On the other side, a sustained close below 112.50 will drag the parity down towards key supports around 112.05, 111.73, 111.37, 110.48, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
- Japan December Nikkei manufacturing PMI decrease to 54 vs previous 54.2.
- Tokyo's Nikkei share average opens up 1.36 pct at 23,073.73.
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