Price Action post NFP suggest the USD/JPY still has some topside catch up to play with the US 10 yr Treasury Yield and the gaining USD Dollar Index.
With Stocks still strong and carry trade back on the cards, the USD/JPY should do well from AUD/JPY and GBP/JPY buying.
EUR/USD selling is still a real possibility with the USD strength from this also supporting. A EUR/USD reversal however is see helping EUR/JPY more than hurting USD/JPY directly.
Great Risk Reward Here 12 pips for 38 pip gain.
With Stocks still strong and carry trade back on the cards, the USD/JPY should do well from AUD/JPY and GBP/JPY buying.
EUR/USD selling is still a real possibility with the USD strength from this also supporting. A EUR/USD reversal however is see helping EUR/JPY more than hurting USD/JPY directly.
Great Risk Reward Here 12 pips for 38 pip gain.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.