Filed Under:
Forex pairs in this Article » USD/JPY (London) - USD/JPY managed to climb to a high of 102.91 from 102.20 on the off when the release of positive news hit the wires in the form of NFP’s and the Unemployment report.

The NFP’s number printed 230k vs a consensus of 180k while the Unemployment Rate printed 7% vs 7.2% consensus. The pair has tailed off and is settling at 102.70 currently ahead of more US data in the form of the Michigan consumer sentiment index.

USD/JPY Levels

The 20 DMA is 100.96, the 50 DMA is 99.17 and the 200 DMA is 98.50. RSI (14) reads 71.65. Supports are ascending from 101.09, 101.43, 101.62, 101.78,102.22 and 102. Spot is 102.78 while resistances are 102.84 and 103.38.
comments powered by Disqus