ST EUR/USD and USD/JPY Strategies for Nonfarm Payrolls
Talking Points:
- EURUSD on verge of greater technical breakdown through 1.3700.
- USDJPY gains could continue up to 104.80.
- Watch Silver prices around Nonfarm Payrolls.
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The US Dollar has gained steam the past few days, and is on the verge of achieving significant technical breakouts against its major counterparts.
Read more: April Forex Seasonality Favors US Dollar Weakness - Against Whom?
--- Written by Christopher Vecchio, Currency Analyst
To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com
Follow him on Twitter at @CVecchioFX
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