USD/JPY struggles to regain 102.00

USD/JPY climbed further over the last hours and reached fresh post-BoJ highs, as the dollar continued to strengthen after the nonfarm payrolls reports.

USD/JPY briefly rose above the 102 mark and scored a high of 102.05 before losing momentum and retreating slightly. At time of writing, the pair is trading at 101.90, up 0.7% on the day.

USD/JPY technical levels

In terms of technical levels, next resistances line up at 102.05 (Aug 5 high), 102.82 (Aug 2 high) and 103.07 (10-day SMA). On the flip side, supports are seen at 100.67 (Aug 2 low), 100.53 (Jul 11 low) and 99.98 (Jul 8 low).