Hi Traders,
TGIF! But today is major trading day as USA Non-Farm Employment Change & Employment Change plus other news is coming out later today.
So trade carefully with good money management to take advantage of this market movement.
Okay let's take a lot at USDJPY. Since last week I was bearish on USDJPY from 111 level where I think it will go around mid 109 which it nearly did. However now I think it will go 109 low level and try to spike down to 108 mid level. So be cautious if you go long.
Stop loss will be at mid 110 level to 111 level.
Attached is the USDJPY chart. Good luck all traders.
TGIF! But today is major trading day as USA Non-Farm Employment Change & Employment Change plus other news is coming out later today.
So trade carefully with good money management to take advantage of this market movement.
Okay let's take a lot at USDJPY. Since last week I was bearish on USDJPY from 111 level where I think it will go around mid 109 which it nearly did. However now I think it will go 109 low level and try to spike down to 108 mid level. So be cautious if you go long.
Stop loss will be at mid 110 level to 111 level.
Attached is the USDJPY chart. Good luck all traders.