USDJPY ready to break higher
=> Here we are eyeballing a break of the long term trend line since 2015 finally unlocking 114.xx and 115.xx for a test.(edited)
=> With NFP today expected to overshoot we are going to see further USD strength and as a result the highs here remain naked for a test and sweep.
=> If we can comfortably take the 115.xx we are going to start tracking 2016 highs and beyond...
=> There is little to see to the downside, with all dips remaining competitive and little reason to buy JPY here.
=> GL all
=> With NFP today expected to overshoot we are going to see further USD strength and as a result the highs here remain naked for a test and sweep.
=> If we can comfortably take the 115.xx we are going to start tracking 2016 highs and beyond...
=> There is little to see to the downside, with all dips remaining competitive and little reason to buy JPY here.
=> GL all
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