NFP (Non-Farm Payroll) Analysis.
it’s 17:30 SGT (Singaporean Time)
I will use the Japanese Yen. the Symbol that trades against the US Dollars is USDJPY
Japanese Yen is going down in Strenght, we do expect a counter move to normalize this, so USDJPY will go Down during NFP, as if the Japanese Yen goes up but traded against the USDollar means the Forex Pair USDJPY will go down (simple Stuff)
I personally would target only the Pivot and the channel top or bottom (whichever comes first) in the 112.5 area
please also note that these prices are based on Trendlines, and depending on how much time passed the numbers may be not correct, you need to put the lines there your self in order to find the place to exit.
also if the news Result will be Against this move, the targets are far less likely to be reached,
as the data above is only about the initial movements. if the initial move and the divergence are in the same direction .. things can move very quickly then.