Chart - Courtesy Trading View
USD/JPY was trading 0.12% lower on the day at 115.00 at around 11:15 GMT.
US dollar is struggling to extend NFP-led rally, snaps a 2-day upside.
The major is extending trade in a Symmetric Triangle pattern and upside was rejected at Triangle top resistance.
GMMA indicator shows major and minor trend in the pair are bullish on the daily charts.
Price action is currently holding above 200H MA support at 114.93. Break below could see more weakness.
Technical indicators are inconclusive. 5-DMA is immediate support at 114.84 ahead of 21-EMA at 114.72.
Bearish RSI divergence on the weekly charts adds to the downside bias. Break below 55-EMA (114.33) will change near-term dynamics.
