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    USDJPY and Nikkei hold above Brexit lows

    In a similar fashion of oil yesterday, we see potential for USDJPY and Nikkei to bounce higher. Whether it will occur in the lead-up to, or after tomorrow's NFP data remains to be seen. Matt Simpson of ThinkForex takes a technical look. 

     

    Resistance 3:   102.41 Weekly pivot, 30/06 low
    Resistance 2:   101.80 20ma (middle bollinger)
    Resistance 1:   100.45 Yesterday's high, Weekly S2, 27/06 low
    USDJPY:   100.98  
    Support 1:   100.71 Pivotal S/R
    Support 2:   100.20 Hammer low, Just above 100 (round number)
    Support 3:   98.81 Brexit low

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