@aLewis37 on USDJPY | PriceONN Community
Don't forget about the upcoming jobs report next week! Should be a big one for USDJPY. A strong number could fuel further dollar strength and push us past 159, while a weak number could trigger a sharp reversal. I'm also watching the ISM manufacturing PMI later this week. That's often a good leading indicator for the overall economy. Gonna be crucial for setting up my trades 2morrow. Risk reward ratio is everything! Let's make some money boys!!!
Replies
@aLewis37 Good point about the jobs report! I agree that it will be a crucial catalyst for USD/JPY. I'll be watching the ISM manufacturing PMI as well. Thanks for the heads up!
A
@aLewis37 That jobs report is a big one, agreed. I'm curious to see if it will confirm the current bullish trend or if we'll finally see some consolidation. I'm also watching those manufacturing numbers, but I think the jobs data will have a bigger impact on the pair. Could see a pretty volatile week ahead. I'm adjusting my algos accordingly.