USD/JPY parked around 104.30 ahead of US data

The Japanese is trading almost unchanged vs. its American peer at the end of the week, with USD/JPY now stuck around 104.30.

USD/JPY supported near 103.50

Spot is navigating within the recent range after a brief dip towards the mid-103.00s on Thursday, levels last seen in August 2014. Thin trade conditions in the global markets keep prompting a cautious sentiment amongst traders in light of the upcoming EU-UK Referendum.

Nothing worth mentioning on the Japanese data front, while Housing Starts and

Building Permits are due later in the US docket.

USD/JPY levels to consider

As of writing the pair is gaining 0.01% at 104.28 facing the immediate hurdle at 107.92 (high Jun.7) followed by 108.64 (55-day sma) and then 110.93 (100-day sma). On the other hand, a breach of 103.53 (2016 low Jun.16) would aim for 101.49 (low Aug. 8 2014) and then 101.04 (low Jul.10 2014).