IvanIcey

Short Idea for the Jobs Report USDJPY

Short
FX:USDJPY   Dollar Américain / Yen japonais
The dollar has been climbing the stairs of hope for a couple of days now. The belief that the fed will increase the interest rates is very appealing, but the data shall determine that (imo good data won't make the fed raise the rates anyway.) But this gives us a good opportunity to short the dollar if the data IS bad. So I'm looking to short it tomorrow morning if jobs are bad. Depending on how bad the numbers are should determine the amount of exposure, because if it's slightly lower than the target, it will stay strong.
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