USDJPY: When does the breakout occur ?. Soon. Payrolls next.
The triangle which captures USDJPY must be broken.
Today, ADP report showed strong number signal for potential uptick payrolls on Friday.
Likely BOJ would increase more stimulus in October.
Hence, I think the downside risk for USDJPY is limited.
I think the breakout would occur this week.
Payrolls on Friday will play the key role.
Today, ADP report showed strong number signal for potential uptick payrolls on Friday.
Likely BOJ would increase more stimulus in October.
Hence, I think the downside risk for USDJPY is limited.
I think the breakout would occur this week.
Payrolls on Friday will play the key role.
