The Non-farm payroll is expected to print a number of 312k, following a disastrous -33k (due to the hurricanes)
While a strong NFP is a possibility, for the U/J, I'd prefer to explore the scenarios if the data is below expectation
Price is resisted by 114.50 level, with a possibility for a bounce down, towards 113.20 level
Therefore, if the data is worse than expected, the U/J would be a good candidate to short.
While a strong NFP is a possibility, for the U/J, I'd prefer to explore the scenarios if the data is below expectation
Price is resisted by 114.50 level, with a possibility for a bounce down, towards 113.20 level
Therefore, if the data is worse than expected, the U/J would be a good candidate to short.
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