By Krishna Kumar — May 01 - 09:45 PM
• USD/JPY eases from 145.915 high Friday as traders brace for US jobs data
• Downside likely limited as traders pare bets on further BOJ rate hikes
• US Apr NFP expected +130k, unemployment rate expected to hold steady at 4.2%
• Japan says its $1 trillion in US Treasuries is among tools for trade talks
• China says US eager to negotiate on tariffs, Beijing's door is 'open'
• Daily close above 145.55, 50% retracement of 151.25-139.885 drop bullish
• Resistance 146.00, 146.50, 146.85-90, support 145.00-10, 144.50-60
• Asia range 149.295-149.915
JPY:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters