Daily Market Analysis 06.05.2022: USDJPY

USDJPY Ananlysis

Instrument: USDJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 130.853 with take profit at 131.029 Bearish Preference: Sell position is envisaged if price trades below 130.258 with take profit at 130.105 Fundamentals:1:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Non-Farm Employment Change Comment: The U.S. dollar soared in early European trade Friday, climbing to its highest …

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