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Instrument: USDJPY
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 130.853 with take profit at 131.029
Bearish Preference:
Sell position is envisaged if price trades below 130.258 with take profit at 130.105
Fundamentals:
1:30pm USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Non-Farm Employment Change
Comment:
The U.S. dollar soared in early European trade Friday, climbing to its highest level in two decades ahead of the release of the closely watched monthly U.S. jobs report which could pave the wave for further monetary policy tightening.
Analysis: SCRUM Team
