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- USD/JPY is currently trading around 106.85 marks.
- It made intraday high at 106.93 and low at 106.76 levels.
- Intraday bias remains neutral till the time pair holds key resistane at 107.02 mark.
- A daily close above 106.84 will take the parity higher towards key resistances around 107.77, 108.64, 110.32, 110.92 and 111.87 levels respectively.
- On the other side, a sustained close below 106.84 will drag the parity down towards key supports around 105.32, 104.63, 103.34, 102.58 and 101.98 levels respectively.
- Japan Feb retail sales y/y increase to 1.6 % (forecast 1.7 %) vs previous 1.5 % (revised from 1.6 %).
- Tokyo's Nikkei share average opens up 1.04 pct at 21,250.96.
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