USD/JPY HOLDS BOUNCE, BUT UNCERTAINTY REMAINS

USD/JPY HOLDS BOUNCE, BUT UNCERTAINTY REMAINS
USD/JPY HOLDS BOUNCE, BUT UNCERTAINTY REMAINS

USD/JPY HOLDS BOUNCE, BUT UNCERTAINTY REMAINS

USD/JPY rises 0.4%, trading near 152.00 after touching a low of 150.95 earlier.

The dollar shows limited strength against other major currencies.

Yen pairs are the only significant movers in European trading, with eyes on the US jobs report.

The rebound is modest, following a drop that broke key moving averages (100-day and 200-day).

Key technical resistance is between 152.60-72; sellers remain in control unless this level is breached.