• USD/JPY is currently trading around 109.40 marks.
   
• It made intraday high at 109.55 mark and low at 109.33 levels.
   
• Intraday bias remains slightly bearish till the time pair holds key resistance at 109.52 mark.
   
• A daily close above 109.52 will take the parity higher towards key resistances around 110.70, 111.44 and 112.40 levels respectively.
   
• On the other side, a sustained close below 109.52 will drag the parity down towards key supports around 109.00, 108.24, 107.47, 106.76, 105.95, 104.00 and 102.22 levels respectively.
   
• Japan’s Nikkei was trading 0.11 pct lower at 23,415.50 points.
   
• Japan’s retail sales data stands at -7.1 pct vs 9.2 pct previous release (expected -3.8).