FX.co ★ USD/JPY

In principle, nothing much has changed for the USDJPY pair either in the sense that we continue to trade in the same range where we closed. But it should be noted that we did try to move lower, although nothing much has changed here either, because more than half of the decline has already been bought back. And partly for that reason I do not rule out that we can climb even higher. However, I still consider this rise only a pullback and would like to see the pair go even higher. Also, of course, it should be noted that we got negative NFPs, but unemployment came in lower than forecast. And it is still important how the buck will trade further, because we have inflation next week. Overall, the targets in the 155.03 area remain. Therefore, if we pull back and climb above 160.50, for now I only allow selling from there.