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Long

USD/JPY Long to Y103 post NFP on US Dollar/10yr Yield Strength

FX:USDJPY   U.S. Dollar / Japanese Yen
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.
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