USD/JPY: Simple Trading Tips for Beginner Traders – June 30th (U.S. Session)

USD/JPY: Simple Trading Tips for Beginner Traders – June 30th (U.S. Session)
Trade Review and Trading Tips for
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Trade Review and Trading Tips for the Japanese YenThe test of the 144.17 level occurred when the MACD indicator had already moved well above the zero line, which limited the pair's upward potential. The second test of this level followed shortly thereafter and coincided with the MACD being in the overbought zone. This confirmed a valid sell entry for the dollar, though the pair did not experience a significant drop.Today's economic calendar includes several events that could influence market dynamics,
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