USD/JPY managed to move off its 3-month low scored earlier at 76.02, erasing intraday losses and climbing to a high of 76.34 during the American afternoon.

The pair however, lacked strength to extend its recovery and retreated somewhat to currently quote around 76.25, where it is virtually unchanged since opening.

In terms of technical levels, the Talking-Forex.com team sees supports at 76.00 and then at 75.31. On the other hand, resistance levels are seen at 76.42/55 and then at 76.65.