Thursday market analysis: USD/JPY

Hello traders,

If I were to trade on Thursday, I will trade only the:

 

1. USD/JPY

USD/JPY is currently ranging.

The 2 pm bullish pinbar formed at a key support level, and the position of the 200 ma also strengthens our bullish bias. 

USD/JPY won’t be a bad setup to buy and hold before Thursday’s USD high impact news (unemployment claims)

 

What say you?

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