Approaches a cluster of support at 119.77-82

The USDJPY has made new day lows and approaches a cluster of support at the 119.77 – 82 area. The 100 bar moving average on the 4-hour chart (blue line in the chart below), the 38.2% retracement of the move up from the April 3 low, and broken trend line support are all clustered in that area.

US initial claims are awaited