USDJPY AWAITS FRIDAY RISK EVENTS
The USDJPY pair trades towards the top end this week's trading range, ahead of the release of key U.S jobs data, and the G20 summit in Hamburg, Germany.
Financial markets will look for any news on North Korea out of the G20 meeting, and the outcome of discussions between President Trump and Vladimir Putin, with the war on Syria likely to be at the top of the agenda.
The USDJPY pair remains bullish on all time frames, ahead of the release of the June Nonfarm Payrolls jobs report.
Key technical support is found at the M5 time frame 200 period moving average, at 113.50, with the H1 time frame, 100 period moving average adding further support, at 113.28.
To the upside, once clearly above the 113.90 level, the 1.1410 and 1.1430 levels start to come into traders focus. With the March 10th price high at 115.50 acting as the strongest point of weekly resistance.