This weeks USD JPY forex analysis :
- Forex news that will have direct impact on USD JPY … ISM Manufacturing PMI, Pending Home Sales, and most important the Non-Farm Employment Change.
- 90.00 resistance has been broken and never recovered above. Recover was met by resistance @ 89.92 level.
- The USD JPY has reached the 89.50 level and bounced back but it doesn’t look like it has any hope of a soon recovery, unless there is a significant improvement in the NFP and unemployment rate.
