Dollar/yen settled down and showed limited movement last week. Japan releases Industrial Production and Retail Sales. The US releases ISM Manufacturing PMI, which continues to show strong expansion. On Friday, the US publishes nonfarm payrolls, which should be treated as a market-mover.
Key news updates for USD/JPY
USD/JPY Technical Analysis
107.02 (mentioned last week) is an important monthly resistance line.
105.84 is next.
104.94 switched to a resistance role in mid-November, as the yen posted a strong rally.
104.11 is an immediate resistance line.
103.28 is the first support level.
102.13 has provided support since March.
101.52 is next.
99.98 has held in support since late August. It is the final support line for now.
USD/JPY Daily Chart
Safe Trading!Get the 5 most predictable currency pairs