USD/JPY is moving recently in consolidation. It was preceded by a growth movement with considerable dynamics, so it is possible to treat current stagnation as a weakness of impetus of growth. On the other hand, looking at the location of the consolidation, you can see that around the descending trend line price has reacted several times and usually there were fast bearish rebounds. Although growth is currently losing momentum, consolidation also points to the indecisiveness or weakness of the sellers. Last Friday, we have seen some surprising data from the US labor market. Strong decline in unemployment and, surprisingly, a low number of new non-farm jobs. This second value is often explained by recent US hurricanes. It seems that the first sessions of the new week will decide about direction for close future. Supply has in hands arguments of weaker data from Friday, if they are not used to initiate declines in this appropriate technical outlook, it seems that with time will begin to grow chances for demand to continue growth.

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