USDJPY TECHNICAL ANALYSIS SHORT TERM VIEW It is running in positive trend and it is running in wave 3 so it can jump towards148 levels non stop .Important support area is 140.66 to 142.37 level as shown in graph.Stop loss is 139.22 and it can jump upside after touch the support ,if already came in support so now we can buy it for upside targets 148 above .Intraday stop loss is 140.50 for upside rally.
QUICK FUNDAMENTAL LOOK USD/JPY retraces down large, move over or just started?USD/JPY off large Friday, 144.20 in Asia to 142.07 EBS in NY
Already on way down into US payrolls data, NFP +209K, +225k eyed
Weaker than eyed data led to more losses, but labour market still tight.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.