USD/JPY: Simple Trading Tips for Beginner Traders – July 31st (U.S. Session)
USD/JPY: Simple Trading Tips for Beginner Traders – July 31st (U.S. Session)
Trade Review and Tips for the
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Trade Review and Tips for the Japanese YenThe test of the 148.99 level occurred when the MACD indicator had just started to rise from the zero line, confirming a proper entry point for buying the dollar and resulting in a gain of over 60 points for the pair.Further upward movement of the dollar against the yen will likely depend on strong U.S. data—specifically, a decline in initial jobless claims and an increase in personal income and spending. Only clear evidence
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