Good morning fellow traders,

I will keep my analysis of USD/JPY cross. At this right moment mark: 103.38

Prediction: LOW

Technical Key levels:
H1 Timeframe:
Resistance: 104.28
1st support: 103.20
2nd support: 102.29
Fibonacci Retracement (38,2%): 103.28
Fibonacci Retracement (61.8%): 102.73

Despite the behaviour of exchange rate ast Friday attempting NFP and Unemployment rate data, now we are assisting what make sense incorporating those informations.

I expect in this hours/days ahead the cross will achieve 2nd support line above. Is not a question of if but when.
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