USD/JPY trades up to 120.92 EUR USD down to 1.0871 after non farm payrolls
Watch for the action at 120.70 as we drop to 120.75 after finding sellers around 121.00 hold and we may try another attempt, fail at 120.70 or a second attempt at 121.00 and we're likely to head south again
EUR/USD is in all sorts of trouble but we're being driven by the buck and we're down 160 pips today. That might be enough to see a decent bout of profit taking for the week.
AUD/USD has held above the late European lows yesterday at 0.7755 but keep an eye on this level
Watch out for the second wind as if we fail to break the current levels, down the buck will go. If we pop, then we could see the buck accelerate to the upside.
