The currency pair developed its downtrend on Thursday but reversed upwards after testing the support at 112,30. USD/JPY has almost reached the descending trend line.

Closest support areas: 112,30, 111,89, 111,38

Closest resistance areas: 112,61, 112,87, 113,04

Macroeconomic data

JPY

Household Spending y/y

Average Cash Earnings y/y

Leading Indicators

USD

Average Hourly Earnings m/m

Non-Farm Employment Change

Unemployment Rate

Prelim UoM Consumer Sentiment

Final Wholesale Inventories m/m

Prelim UoM Inflation Expectations

FOMC Member Brainard Speaks

Consumer Credit m/m