• USD/JPY is currently trading around 110.48 marks.
     
  • It made intraday high at 110.56 and low at 110.23 levels.
     
  • Intraday bias remains neutral for the moment. 
     
  • Pair slips below 110.00 marks for the first time since October 2014 on the back of global uncertainties and increased demand as safe-haven asset.
     
  • A daily close below 109.94 will take the parity down towards 109.62, 108.36 and 107.43 levels.
     
  • On the top side, key resistance levels are seen at 111.23, 112.60, 113.43, 113.98 and 114.28 marks.

The material has been provided by InstaForex Company – www.instaforex.com