Economic Calendar
The rate could be impacted by the publication of the US Manufacturing and Services PMIs at 13:45 GMT.
Hourly Chart
A continuation of the ongoing surge of the US Dollar against the Japanese Yen might stop at the 142.50 mark, the weekly R1 simple pivot point at 142.80 or the 143.00 level.
However, a potential decline below the 100-hour simple moving average could look for support in the 141.50 and 141.00 levels and the combination of the weekly simple pivot point and the 200-hour simple moving average at 140.90.
USD/JPY daily chart's review
On the daily candle chart, the pair has reached the upper border of a broad channel up pattern that has guided the USD/JPY up since the start of the year.Daily chart
On Thursday, on the Swiss Foreign Exchange traders were 73% bearish, as that amount of open position volume was in short positions.
Meanwhile, trader set up pending orders in the 100-pip range around the rate were 51% to sell the USD against the JPY.