lluiszardoya

USDJPY Break daily triangle + Usd NFP and Fed rate hikes UsdUppp

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Non Farm Payrolls were better than expected today 8th of March. Next week Fed is most likely to do a hike rate. Which will be good to control inflation in the US, and dollar will gain strengh.

Now he have clearly broken the trendline are are expecting the C of the correction of the first bullish impulse. rejection of the 38-50 or 61 will give me a valid entry to go long on this pair.

A valid Stop would be at the 112.5, anyway I might put it at 111.5 to make sure I'm in the move during the next couple of weeks.

Trade save. Have a good week.

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