• USD/JPY is currently trading around 102.34 marks.
   
• It made intraday high at 102.47 and low at 101.50 levels.
   
• Intraday bias remains bullish till the time pair holds key support at 101.48 marks.
   
• A sustained close below 101.50 will drag the parity down towards key supports at 100.98, 99.27 and 98.82 levels respectively.
   
• Alternatively, a daily close above 103.45 is required to take the parity higher towards key resistances around 104.80, 106.12 and 107.46 levels respectively.
   
• Today is relatively calm session at the start of the new week. Markets expect range bound movement for the day.