Possible resistance level in the 103.7/9X region, this will be the first time that we're testing this region.
Use tight stops considering good NFP today, USD/JPY can shoot through the level.
Target 102.7X region (previously resistance, might turn into support), this is also the 38.2% fib level of the current up move (assuming 102.7X/9X holds).
Update: Price hit a low of 102.77, so the target has been reached and this trade is now finished.
Use tight stops considering good NFP today, USD/JPY can shoot through the level.
Target 102.7X region (previously resistance, might turn into support), this is also the 38.2% fib level of the current up move (assuming 102.7X/9X holds).
Update: Price hit a low of 102.77, so the target has been reached and this trade is now finished.