All of a sudden dollar yen doesn’t seem so excited about the possible upside to the figures later as it collapses to 99.51 from the overnight highs at 100.20. To those looking for a decent read later it must be looking tempting for picking up a long.
The 100 and 55 dma’s are below and quite close together at 98.98 and 98.75 respectively and could provide a bounce spot should we get a poor number.
USD/JPY daily chart 6 September 2013
