0010 GMT - USD/JPY is attempting to hold above the December low of 154.34 and January volume point of control level of 153.90, based on technical analysis, StoneX's Matt Simpson says in a commentary. This range could be a decent level for USD/JPY bounce if U.S. nonfarm payrolls report due later in the day surprises to the upside, the senior market analyst says. However, any such bounce could be limited as USD bears have clearly returned, he says. USD bears might seek to fade any USD/JPY bounce toward 155.00 or the monthly pivot point of 155.43 on expectations of eventual fall back to the January low, Simpson adds. USD/JPY is little changed at 154.43, LSEG data show. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
February 10, 2026 19:10 ET (00:10 GMT)
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