FXStreet Live Analysis Room Anchor Dale Pinkert says that Post-NFP the USD/JPY sold off putting in its second lower high. Pinkert comments that the USD/JPY is now vulnerable to 122.00 breakdown that would targeting 118.00.
The S&P failed to fill Monday's gap and it too is vulnerable. Pinkert is looking for SXP 1,800 into this fall. GBP/USD has achieved downside targets and it's now looking for buying opportunities in this 1.5500 range for at least a bounce; and perhaps... 1.64 down the road.
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