TECHNICAL ANALYSIS

USDJPY is above / below moving average bias levels


The bias is a little more optimistic before the employment report

With the unemployment report just minutes away, the USDJPY is back above its 200-day moving average at 108.298. On top is the 200-hour moving average at 108.822 and the 100-day moving average at 108.936. The above movements will be more optimistic.

USDJPY

On the downside, a break below the 200-day moving average at 108.298 will target the 100-hour moving average at 107.80,

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