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- USD/JPY is currently trading around 109.70 marks.
- It made intraday high at 109.77 and low at 109.40 levels.
- Intraday bias remains bullish till the time pair holds key support at 109.40 mark.
- A daily close above 109.40 will take the parity higher towards key resistances around 110.32, 110.92, 111.87, 112.78, 113.75 and 114.17 levels respectively.
- On the other side, a sustained close below 109.40 will drag the parity down towards key supports around 108.50, 107.32, 106.72, 106.03 and 104.96 levels respectively.
- Tokyo's Nikkei share average opens up 0.37 pct at 23,757.34.
- Japan Dec CPI, core nationwide y/y stays flat at 0.9 % (forecast 0.9 %) vs previous 0.9 %.
- Japan Dec CPI, overall nationwide increase to 1 % vs previous 0.6 %.
- Japan Jan CPI core Tokyo y/y decrease to 0.7 % (forecast 0.8 %) vs previous 0.8 %.
- Japan Jan CPI, overall Tokyo increase to 1.3 % vs previous 1 %.
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