- The Yen sees little change after Japanese inflation figures came in better than expected.
- The Greenback has been bounding higher against the safe haven JPY despite risk aversion swamping broader markets.
- Friday looks set to end the week on a bullish note for the USD.
USD/JPY Chart, 1-Hour
| Spot rate: | 110.46 |
| Relative change: | Negligible |
| High: | 110.53 |
| Low: | 110.41 |
| Trend: | Bullish |
| Support 1: | 110.16 (38.2% one week Fibo level) |
| Support 2: | 109.86 (61.8% one week Fibo level) |
| Support 3: | 109.37 (current week low) |
| Resistance 1: | 110.64 (Thursday high) |
| Resistance 2: | 110.75 (previous week high) |
| Resistance 3: | 110.90 (one month high) |
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