Economic Calendar
On Friday, the US Consumer Price Index release at 12:30 GMT is set to impact all financial markets through the value of the USD.
Hourly Chart
A continuation of the USD surge against the Japanese Yen could encounter resistance in a round exchange rate level and initiate a consolidation by slightly declining or trading sideways. Take into account the weekly R3 simple pivot point's resistance at 136.34.
However, a decline of the pair is likely to look for support in the weekly R2 simple pivot point at 133.66 and the 133.00 mark.
USD/JPY daily chart's review
On the daily candle chart, the rate has passed above the April and May high level zone at 131.00/131.40.Next target for the rate could be the 2002 high level at 135.00.
Daily chart
On Wednesday, on the Swiss Foreign Exchange, traders were 70% short 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 63% to buy the USD against the JPY.