DislikedOkay maybe I didn't explain well. I'll have to re-read what I posted and maybe make some corrections.
With a bad number, the EUR/JPY will plummet as well as the USD/JPY. The EUR/USD as a result may go sideways.
With a good number, the USD/JPY will rally which may push the EUR/JPY up a bit or keep it flat and due to a USD rally, the EUR/USD may fall more.
It's not easy to predict, especially on the first day of the month but that's how I'm seeing it as a potential result.
Furthermore, if the number comes in as expected, then the focus...Ignored
Got it! I think you explained it nicely, I believe the confusion was because of me. LOL