@emily7105 on USDJPY | PriceONN Community
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The risk of a gap open on USDJPY this Monday is massive, given all this geopolitical noise and the US jobs data. If Brent crude is still above $100, and the CPI data shows inflation is sticky, the Fed's whole rate cut narrative could be thrown out the window. That's a recipe for a strong dollar, and we might wake up to USDJPY gapping up significantly. I've been watching the yen's weakness lately, and it feels like a strong dollar is inevitable. It’s the kind of move that can make or break your week, so I'm being extra cautious with my overnight positions. Definitely don't want to be caught on the wrong side of a big gap. I'll be setting some aggressive stop-loss orders just in case.