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EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 
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FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
• USD/JPY eased slightly on Monday as investors prepared for a busy week of data, leading up to a U.S. jobs report.
• On the data front, Japan's factory activity contracted at a slower pace in August, driven by a recovery in output and new orders, according to a private-sector survey released on Monday.
• The final au Jibun Bank Japan Manufacturing Purchasing Managers' Index (PMI) climbed to 49.8 in August, up from 49.1 in July and higher than the flash reading of 49.5.
• Technical signals are bearish as RSI is heading down at 41, daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 145.75 (50%fib), any close above will push the pair towards 146.00 (Psychological level).
• Support is seen at 143.89 (38.2%fib) and break below could take the pair towards 142.29 (Lower BB)
Recommendation: Good to sell around 145.90, with stop loss of 146.50 and target price of 145.20
