The currency pair surged on Thursday and tested 122.41. USD/JPY stays below this level at press time.

Closest support areas: 121.35, 120.98, 120.55

Closest resistance areas: 121.73, 122.04, 122.41

Macroeconomic data

USD

Revised UoM Consumer Sentiment

FOMC Member Williams Speaks

Pending Home Sales m/m

Revised UoM Inflation Expectations

FOMC Member Waller Speaks