The USD/JPY has formed a confluence zone exactly at 61.8 fib. However, today is Good Friday and banks are offline.
We could see a very slow market before the NFP as banks are offline due to Easter holidays. The volatility could be slightly higher during and after the NFP so the USD/JPY and Gold will be affected. Pay attention to either bounce or a breakout above/below the trendline. Targets are 110.90 to the upside and 110.19 to the downside, depending on the NFP result.
The analysis has been done with the CAMMACD.Core System.
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The analysis and the article presents Nenad's opinion. Remember, financial trading is highly speculative & may lead to the loss of your funds. Proper risk management is the Holy Grail of trading.
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