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yurell
Jan 10, 2020 9:05 AM

usdjpy NFP 

U.S. Dollar/Japanese YenFXCM

Description

Bullish case:
Today's NFP will make it or break it. Strong NFP data could push this even more to the upside and break the roof. There is still room for a spike in CCI, and DXY is bullish.

Bearish case:
Weak or bad NFP push this pair to the downside (or maybe it stays and consolidate in the same levels). We are at a strong resistant level, which makes retracement as an option.
Comments
transparent-fx
here is what I have from a MTA perspective on it
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