The dollar traded near 8 month low against the yen reaching the 85.02 level on a speculation the FED will take steps for providing more stimulus after the worse than expected NFP data. Holding above the support level of 85.30 might rebound the pair back to 86 zone. Overall, USD/JPY traded with a low of 85.02 and with a high of 86.17. No major economic data is expected today.

USD/JPY-Last: 85.39

Resistance

85.70

86.00

 

Support

85.30

85.00

 

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