The Yen gained slightly versus the Dollar after Friday's NFP data effects waned and risk aversion rose slightly. Overall, USD/JPY traded with a low of 90.15 and a high of 90.66. USD/JPY has retraced after touching resistance at the 50 period daily moving averages near 90.6. This resistance could lead the pair back to its downtrend. Today, Core Machinery Orders are expected weaker with -3.8% versus 20.1%.

USD/JPY-Last: 90.05

Resistance

90.75

91.25

91.75

Support

89.80

89.50

88.95

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