The USD/JPY fell after the publication of the US jobs report. The package from maximum 1 week at 113.28 to the area of 113.00.
According to the NFP report, the US economy it created 148,000 jobs in December, below the 190,000 expected. The unemployment rate remained unchanged, as expected at 4.1%. Hourly earnings increased 0.3% in line with expectations. The owner arrived below the market consensus. The rest of the data did not offer surprises. Despite the slowdown in NFP, the figures continue to signal a strong labor market.
The data weakened the US dollar that fell in all areas. The yen gained momentum against the dollar in the midst of low yields in the United States, but it printed a minimum against other pairs.
The USD/JPY fell to 113.00 and then bounced modestly higher. The pair lost bullish momentum, but still remained on the positive planet during the day, recording a gain of more than 30 pips. It continues to operate near the weekly maximum before the report at 113.28.
Technical levels
On the upside, quality levels could be seen at 113.25 / 30 (daily diary), followed by 113.35 / 45 and 113.75 (December high). On the other hand, the means available at 113.00 (minimum of the session), 112.70 (daily minimum) and 112.55.
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