FxWirePro: Japanese yen trades marginally higher after BOJ’s monetary policy meeting minutes

• USD/JPY is currently trading around 108.93 marks.
   
• It made intraday high at 109.20 and low at 108.82 levels.
   
• Intraday bias remains slightly bearish till the time pair holds key resistance at 109.82 mark.
   
• A daily close above 109.05 will take the parity higher towards key resistances around 109.82, 110.32, 110.92 and 111.87 levels respectively.
   
• On the other side, a sustained close below 109.05 will drag the parity down towards key supports around 108.54, 107.65, 106.98, 106.61 and 105.98 levels respectively.
   
• Tokyo's Nikkei share average opens up 0.18 pct at 22,513.22.
   
• BOJ March meeting minutes - Most members shared view momentum toward hitting price target was being maintained.
   
• BOJ March meeting minutes - Many members said BOJ should maintain easy policy as still long way to go to hit price goal.
   
• BOJ March meeting minutes -  Some members said BOJ should explain to public economy has not yet reached phase where it should consider timing, measures of exit from easy policy.

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