Forex - USD/JPY up toward the end of U.S. session

Forex Pros - The U.S. Dollar was higher against the Japanese Yen on Wednesday after the release of U.S. data on ADP Nonfarm Employment Change.

USD/JPY was trading at 82.89, up 0.50% at time of writing.

The pair was likely to find support at 80.88, Friday’s low, and resistance at 83.18, today’s high.

Earlier in the day, official data showed that non-farm employment change in the U.S. rose less-than-expected to a seasonally adjusted 201.00K last month, from 208.00K in the preceding month whose figure was revised down from 217.00K.

Analysts had expected U.S. non-farm employment change to rise 210.00K last month.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.11% to hit 1.4129 and GBP/USD rising 0.41% to hit 1.6076.




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