• USD/JPY is currently trading around 109.46 marks.
   
• It made intraday high at 109.48 and low at 109.25 levels.
   
• Intraday bias remains neutral till the time pair holds key resistance at 109.48 marks.


• A daily close below key 109.00 will take the parity down towards 108.68, 107.43 and 105.72 levels.
   
• On the top side, initial resistance levels are seen at 109.68, 111.23, and 112.60 marks respectively.


• Later today, US will release CPI as well as core CPI data. Market anticipates 0.2% m/m rise vs -0.2% m/m previous release.