• USD/JPY is currently trading around 105.95 marks.
   
• It made intraday high at 106.07 and low at 105.71 levels.
   
• Intraday bias remains slightly bearish till the time pair holds key resistance at 106.45 mark.
   
• A daily close above 106.45 will take the parity higher towards key resistances around 107.85, 109.62, 110.70, 111.44, 112.40, 112.88 and 113.26 levels respectively.
   
• On the other side, a sustained close below 105.95 will drag the parity down towards key supports around 104.00, 102.22, 101.68 and 100.98 levels respectively.
   
• Japan’s Nikkei was trading 0.63 pct higher at 20,724.48 points.
   
• Japan prelim GDP data q/q at 0.4 pct vs 0.6 pct previous release.