• USD/JPY is currently trading around 116.62 marks.
   
• It made intraday high at 117.42 and low at 116.30 levels.
   
• Intraday bias remains bearish till the time pair holds key resistance at 118.18 levels.
   
• A daily close above 118.18 will take the parity higher towards key resistances around 118.66, 119.52 and 120.46 levels respectively.
   
• On the other side, a sustained close below 117.21 will drag the parity down towards key supports around 116.30, 114.77, 113.98, 113.13, 112.05, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
   
• Japan’s December services PMI rises to 52.3, highest in 11 months, from 51.8 in November.
   
• Tokyo's Nikkei share average opens up 0.04 pct at 19,602.10.