Economic Calendar
On Monday, the US ISM Manufacturing PMI release at 14:00 GMT could cause a move in the US Dollar.
On Wednesday, the US ADP Non-Farm Employment change at 12:15 GMT might impact the USD. Afterwards, at 14:00 GMT note the ISM Services PMI release.
Above all, on Friday, at 12:30 GMT, the United States will publish the Average Hourly Earnings, Non-Farm Employment Change and Unemployment Rate.
Hourly Chart
An extension of the surge might be slowed down by the 134.00 level and the weekly R2 simple pivot point at 134.47 together with the 134.50 level.
On the other hand, a decline would look for support in the 132.50 level and the 50-hour SMA near 132.75. Further below, note the 100 and 200-hour simple moving averages near 132.00.
USD/JPY daily chart's review
On the daily candle chart, the pair was being observed to be recovering from the support zone at 130.00/131.40.Take into account the 55 and 100-day simple moving averages, which could act as resistance near 133.00.
Daily chart
On Friday, on the Swiss Foreign Exchange, traders were 67% 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.