• USD/JPY is currently trading around 107.78 marks.
   
• It made intraday high at 107.89 and low at 107.47 levels.
   
• Intraday bias remains slightly bullish till the time pair holds key support at 107.20 mark.
   
• A daily close above 107.91 will take the parity higher towards key resistances around 108.38, 109.18, 110.22, 111.68, 112.40, 112.98, 114.00 and 115.22 mark respectively.
   
• On the other side, a sustained close below 107.20 will drag the parity down towards key supports around 106.15, 105.85, 104.00, 102.35, 100.98, 99.78, 98.10, 96.25 and 94.50 levels respectively.
   
• Japan’s trade balance stands at -0.19T vs 0.48T previous release (expected -0.11T).
   
• Japan’s Nikkei was trading 1.06 pct lower at 19,683.55 points.