• USD/JPY is currently trading around 103.03 marks.
   
• It made intraday high at 103.19 and low at 102.45 levels.
   
• Intraday bias remains bullish till the time pair holds key support at 101.45 marks.
   
• A daily close above 103.27 will take the parity higher towards key resistances around 103.78, 104.80, 106.12 and 107.46 levels respectively.
   
• On the other side, a sustained break below 101.45 will drag the parity down towards key supports at 100.59, 99.99, 99.27 and 98.78 levels respectively.
   
• Today Japan released PPI data with negative number at -4.2% m/m vs -4.3 m/m previous release.