The day ahead in the FX market, Friday December 7th

  • Look for positional adjustment ahead of tonight’s NFP:
  • EUR/JPY should find support near last week’s surge level near 106.50:
  • EUR/USD reports selling interest 1.3020 and technical support near 1.2950:
  • USD/JPY, corporate sellers reported yesterday near 82.60:
  • Australian trade data due today and, if strong enough, might trigger renewed test of reported stop-loss level at 1.0525 in AUD/USD.

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