The dollar faced downward pressure in Asia on Monday after last week's US jobs report matched forecasts. BOJ has posts a first account surplus in a five months and i believe on a 4 hours chart that we will see a retracement to a 102,60 area which is a 0.618 and a support with a 200 MA line. Later it will form a ABCD pattern with a point C between 103,70 and 103,80 area and a D point in area 102,00 which will form a nice bat pattern on a 1.272 extension for a D leg or a 0.764 retracement for a initial movement X.
