USD/JPY breaks short term support 119 due to weak NFP data, market eyes major support 118

• RES 4: 121.50
  
  
• RES 3:   121
  
  
•  RES 2: 120.15
  
  
•  RES 1: 119.50 (9 day WMA)

    PRICE: 119.03 @ 05:35 GMT 

• SUP 1: 118.69
  
  
• SUP 2: 118.30 (26^th Mar low)
  
  
• SUP 3:116.85 (Feb 2015 low)
  
  
• SUP 4: 115.55

Weekly trend -Slightly Bullish

USD/JPY is struggling break previous week high 119.90 and it has closed near week low.Last hopes for bulls are 118 and any break below will confirm short-term weakness a decline till 115.55 cannot be ruled out.

US Jobs growth in Mar slumps to 15^th month low.US economy have generated only 126000 jobs compared to forecast of 246000.

It is good to buy around dips around 118.60 for the targets of 121/122.05.