Japanese Yen: USD/JPY (JPY=X) Testing Major Retracement Zone at 106.890 to 107.463

Japanese Yen: USD/JPY (JPY=X) Testing Major Retracement Zone at 106.890 to 107.463 The Dollar/Yen closed slightly lower on Friday, while posting an inside move. The price action suggests investor indecision and impending volatility. It also shows that traders had almost no reaction to the U.S. Non-Farm Payrolls report, probably because it is not likely to…