USD/JPY: Simple Trading Tips for Beginner Traders – July 10th (U.S. Session)

USD/JPY: Simple Trading Tips for Beginner Traders – July 10th (U.S. Session)
Trade Review and Tips for Trading
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Trade Review and Tips for Trading the Japanese YenThe test of the 146.41 level occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential. A short time later, the price tested this level again, but by then MACD was in overbought territory and was gradually returning toward the zero line, allowing Sell Scenario #2 to materialize. As a result, the pair declined by more than 30 points.Today on the U.S. trading
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