JinDao_Tai

USDJPY to 113.50?

Long
JinDao_Tai Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Today, we have a larger number of economic data release, with focus on the US NFP (employment) data.
A quiet afternoon of price movements is anticipated as traders waits for the NFP release.
We anticipate a slightly stronger data approximately 220k, compared to the forecast of 190k.

Significant price volatility will arise if there is evidence of growth in the hourly earnings data.
Trade closed manually:
While price could continue moving up, however, being prudent to take profit prior to news release is just as important

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