USD/JPY Bulls Target 152.00 Before Key US Employment Data

USD/JPY advances 0.4% to 151.75 as dollar strength persists ahead of crucial US economic releases. The pair has gained 120 pips from Monday's low, with bulls maintaining control above the 151.50 psychological level. Market positioning reflects expectations for strong US employment data, with consensus forecasting 185,000 new jobs and unemployment steady at 4.1%. The US Dollar Index (DXY) climbed 0.3% to 106.20, supporting broad dollar appreciation. Japanese yen weakness continues despite Bank of Japan officials' verbal warnings about excessive currency moves. Technical analysis shows immediate resistance at 152.00 (November high), while support sits at 151.20 (20-day moving average). A break above 152.00 could accelerate gains toward 152.50-153.00 zone. Traders remain cautious of potential BoJ intervention if the pair approaches 155.00, though current momentum favors continued dollar strength against the yen.