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- USD/JPY is currently trading around 109.36 marks.
- It made intraday high at 109.41 and low at 109.09 levels.
- Intraday bias remains slightly bullish for the moment.
- A daily close above 109.18 will take the parity higher towards key resistances around 109.40, 110.32, 110.92, 111.87, 112.78, 113.75 and 114.17 levels respectively.
- On the other side, a sustained close below 109.18 will drag the parity down towards key supports around 108.50, 107.32, 106.72, 106.03 and 104.96 levels respectively.
- Japan Jan Nikkei manufacturing PMI increase to 54.8 vs previous 54.4.
- Tokyo's Nikkei share average opens up 0.77 pct at 23,276.10.
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