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|
|Support 1:||100.71||Pivotal S/R|
|Support 2:||100.20||Hammer low, Just above 100 (round number)|
|Support 3:||98.81||Brexit low|