USD/JPY : The pair appears finally up and breaks its trend line to the downside

After a brief fall in the face of the report NFP disappointing, which resulted in the creation of jobs and hourly wages less than expected, the USD/JPY pair appears finally on the rise.

It should be remembered that the pair has marked a low of 113.63 in response to the report the NFP, before quickly compensate for its losses, back above 114 and mark, for the moment, the summit daily on 114.23, helped by a ISM index of services US higher expectations (publication 15).

From a graphical point of view, it should be noted that the pair also breaks his line of downward trend visible since Wednesday.

In relation to the objectives, the first threshold credible to the increase corresponds to the peak of the last week, 114.44. Has the downside, a return below 113.75 negate the potential for an increase in the short term.

Currently, the USD/JPY pair hovers around 114.25 on the Forex.

Chart USD/JPY H1
See also our charts EUR/USD in real time.

This chart has been realized with the trading platform TradingStation 2 provided by FXCM France.

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