Friday, July 5, 2013

USDJPY post NFP

BAT Was invalidated prior to NFP so no position taken -- resistance at 101.56 and 102.55- have to wait n see The Alternate scenario for GBPJPY was not invalidated today If anything the alternates- were validated when the USDJPY went above 100.80 Also must remember that we are in a USD strength mode -- we saw a lot of fresh supply being added to the market yesterday (that high Volume in GU wasn't buyers yesterday) Looking at USDSGD.