- USD/JPY is currently trading around 107.48 marks.
- It made intraday high at 107.49 and low at 107.27 levels.
- Intraday bias remains bullish till the time pair holds key support at 106.55 mark.
- A daily close above 107.32 will take the parity higher towards key resistances around 107.90, 108.64, 110.32, 110.92, 111.87, 112.78, 113.75 and 114.17 levels respectively.
- On the other side, a sustained close below 107.32 will drag the parity down towards key supports around 106.55, 105.55, 104.96 and 103.34 levels respectively.
- Tokyo's Nikkei share average opens up 0.08 pct at 21,942.42.
- Japan Feb Nikkei manufacturing PMI flash decrease to 54 vs previous 54.8.
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