USD/JPY testing the highs of 101.50

FXStreet (Guatemala) - USD/JPY moved high as Factory Orders read slightly better than expected with a rather muted reaction on a week that awaits the all important Non Farm Payrolls and after a disappointing ISM manufacturing print.

Nevertheless, USD/JPY has popped up from sub 101.30 ahead of the release and continued onto 101.50 on the positive number, and given markets are slightly more settled the Yen is giving back again.

USD/JPY Levels

The 20 DMA is 103.54, the 50 DMA is 103.47 and the 200 DMA is 100.03. RSI (14) reads 53.17. Supports are ascending from 100.26, 100.43,
100.62 and 100.77. Spot is currently 101.53 while resistances are 101.77, 101.95 and 102.15.