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Forex pairs in this Article » EUR/USD, USD/JPY (San Francisco) - The US Dollar reacted to the upside following the better than expected ADP employment report in November. Against the Japanese yen, the pair jumped around 40 pips from 102.30 to trade back above 102.50 and test 102.65.

Currently, the USD/JPY is pricing at 102.60, 0.16% positive on the day. The short term perspective is slightly bearish according to the trend index in the 1-hour chart. CCI and Momentum indicators are pointing to the south while the Stochastic and the MACD are neutral.

Above the 103.60, the US dollar to Yen exchange rate would face resistances at 102.85 and 103.40. On the downside, supports are 102.30, 102.00 and 101.75.
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