• Investors tentatively stepped back into equities, tempering demand for the Japanese Yen
  
  
• The dollar climbed against the yen on Thursday to day's high by 120.69, strong resistance seen at 120.75 (200 DMA)
  
  
• USD/JPY is currently trading at 120.43, with immediate resistance at 120.72 (Kijun-Sen) and support on the downside at 119.70 (61.8% Fibo 116.15-121.76)
  
  
• Continued Chinese market closure on Friday to reduce volatility in the region's financial markets ahead of the closely watched U.S. non-farm payrolls report due that day
  
  

Resistance Levels:

R1: 120.72 (Kijun-Sen)

R2: 120.75 (200 DMA)

R3: 120.91 (Hourly High Sep 1)

Support Levels:

S1: 119.70 (61.8% Fibo 116.15-121.76)

S2: 119.23 (Daily Low Sep 2)

S3: 119.00 (Psychological Level)