@amitchowdhury24 on USDJPY | PriceONN Community

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amitchowdhury24 PRO newbie
USDJPY Apr 8
Watching USDJPY hover around 158.50 now. With the dollar weakening on those Middle East peace talks, and the Yen strengthening, this should be going down, right? But then you have the jobs data... is anyone else confused about which way this is gonna break?
USDJPY

Replies (2)

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amitchowdhury24 PRO newbie Apr 8
But that jobs number might be a wild card. If it's super strong, it could override the safe-haven Yen demand. I'm kinda leaning towards a drop though, especially after seeing that big candle yesterday that took out some lows. Seems like a liquidity grab before a move.
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amitchowdhury24 PRO newbie Apr 8
Seriously though, if the dollar is weak because of the Iran news, USDJPY should definitely be heading lower. Maybe that 158.27 support is gonna get tested.
EURUSD 1.16101 -0.02%
GBPUSD 1.35109 -0.02%
USDJPY 156.08450 -0.10%
XAUUSD 4,404.89 -0.58%
XAGUSD 65.87 -0.45%
BTCUSD 79,844 -0.07%
SP500 6,572.87 +0.74%
BRENT 95.31 +1.11%
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