usdjpy NFP
Bullish case:
Today's NFP will make it or break it. Strong NFP data could push this even more to the upside and break the roof. There is still room for a spike in CCI, and DXY is bullish.
Bearish case:
Weak or bad NFP push this pair to the downside (or maybe it stays and consolidate in the same levels). We are at a strong resistant level, which makes retracement as an option.
Today's NFP will make it or break it. Strong NFP data could push this even more to the upside and break the roof. There is still room for a spike in CCI, and DXY is bullish.
Bearish case:
Weak or bad NFP push this pair to the downside (or maybe it stays and consolidate in the same levels). We are at a strong resistant level, which makes retracement as an option.
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