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USD/JPY chart - Trading View
USD/JPY was trading 0.12% higher on the day at 106.36 at around 06:20 GMT.
The major is extending previous session's gains on improved risk across markets.
Fresh US-China trade optimism after trade representatives from both countries held a phone call helps reset risk.
Focus will be on the crucial Non-farm Payrolls due later today at 12:30 GMT as markets likely shrug off a surge in jobless claims.
Technical bias for the pair is strongly bearish. Price action is below 200-DMA and daily cloud.
Recovery lacks traction. Strong resistance lies at at 106.70 (nearly converged 200H MA and daily cloud base).
Decisive break above could fuel further gains. Focus on NFP data for further impetus.
