As usual, non-farm payrolls is one of the most market moving indicators for the US dollar and the level of payroll growth in the economy last month will help to determine if a soft landing scenario is in full play.
The US dollar staged an even stronger rally today than it did yesterday as incoming economic data signals a potentially not so bad Non-Farm Payrolls report tomorrow.
Continuing on with the idea that Tokyo wants the 120 stops that went completely unscathed in 2006, Todd Gordon is looking to get long on a symmetrical pullback to the .618 retracement level.
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