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KarYong

USDJPY: Trading the NFP data today?

U.S. Dollar / Japanese Yen (FX:USDJPY)  
KarYong  
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY FXP Bat Butterfly consolidation
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usdjpy fxp batpattern butterflypattern consolidation
If you are trading today's NFP later, you might also want to take note of few potential technical setups we have on USDJPY.

We have a bearish setup - butterfly with completion at 114.90; and a bullish setup - bat pattern with a completion at 112.40.

Currently price is in a consolidation triangle pattern. Breakout traders can trade the breakout with NFP as the potential catalyst.
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