USD/JPY daily chart
- USD/JPY is trading above the 200-day simple moving average (SMA).
- Non-Farm Payrolls beat with 196K but wages only 0.1% MoM, USD slides.
- As mentioned yesterday, 111.80 was an important resistance to look at.
USD/JPY 4-hour chart
- USD/JPY is trading above its main SMAs suggesting a bullish bias in the medium-term.
USD/JPY 30-minute chart
- USD/JPY is trading above its main SMA suggesting bullish momentum in the short-term.
- Bulls need to break 111.80 to reach 112.00 level.
- Support is at 111.50 and 111.20 level.
Additional key levels
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