Elliot_Myers

The Dollar Isn't Relenting Even On Lower Payrolls

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Lower payrolls would usually send the Yen soaring against the Dollar however the Dollar rallied against the Yen on Friday before a predictable retracement.

The purple dash is a historic yearly resistance level where if price closes above a prolonged bull run is more than possible.

For now a retracement back to prior structure before a continuation of bullish price action is likely.

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