KQMarkets

USDJPY - Long Pre Payrolls

Long
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
USDJPY has continued it's resurgence since the beginning of the year as prices have consolidated above resistance 106.72. This has predominantly been due to rising US treasury yields as we anticipate the currency pair potentially moving higher post non farm payrolls being released on Friday.

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