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The USDJPY Bull Flag is setting up for an NFP breakout

by Neville Hornsey
4 November 2021
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The USDJPY momentum has stalled recently as traders waited to see if the Fed would follow through with the taper that they signalled earlier in the year. Now we know that there won’t be a rate hike until the US jobs market shows maximum unemployment. So NFP has become far more important than maybe it was in recent times.

For more trading details, please check the hyperlinks with time stamp indicated from the video:

0:39 USD/JPY

Tags: DXYInterest ratesUS DollarUSDJPYYields
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