• USD/JPY is currently trading around 107.94 marks.
   
• It made intraday high at 108.12 mark and low at 107.77 levels.
   
• Intraday bias remains neutral for the moment.
   
• A daily close above 108.07 will take the parity higher towards key resistances around 108.88, 109.68, 110.22, 110.70, 111.44 and 112.40 levels respectively.
   
• On the other side, a sustained close below 108.07 will drag the parity down towards key supports around 107.47, 106.76, 105.95, 104.00 and 102.22 levels respectively.
   
• Japan’s Nikkei was trading 2.10 pct lower at 23,159.50 points.
   
• Japan’s final manufacturing PMI stands at 48.4 pct vs 48.8 pct previous release.