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USD/JPY pulled back from 110.66, but the move to the upside may be renewed. That will depend on the NFP data that will be announced in less than two hours.
Good move this week, interesting to see what the next one brings. I'm expecting a move down.
USDJPY will zoom up to 111.300
usdjpy signal
North Korea weighed in, the pair has a big gap down.
North Korea weighed in, the pair has a big gap down.
USD/JPY is range-bound below the gap but I think it may recover it in the following days.
Not only is USD/JPY not recovering the gap - so far at least - but it is still slowly depreciating. I think next target will be at 109.00.
The USD/JPY depreciation accelerated yesterday and the pair broke out below 109.00. I think that next target will be the local low at 108.26.
Neutral at the moment. I'm waiting at the sideline to enter long.
React on North Korea did not launch any missile on the weekend, Usd/Jpy has a gap up in H4 chart.