USDJPY trades at the 100 hour MA.
As the US employment report is awaited, the EURUSD has traded today under a topside trend line and above a lower trend line. The "market" is waiting for the next push. The expectation is for a gain of 193K (or there abouts). Wages are expected to rise 0.3% and 2.7% YoY.
THe USDJPY is trading right around a trend line and the 100 hour MA - hanging around a neutral level, waiting for its push to and through the lower 200 hour MA at 111.30 or above the swing levels for the week (high today reached 111.848 and the high for the week reached 112.16)
