USD/JPY: Simple Trading Tips for Beginner Traders – July 18th (U.S. Session)
USD/JPY: Simple Trading Tips for Beginner Traders – July 18th (U.S. Session)
Trade Review and Guidance for Trading
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Trade Review and Guidance for Trading the Japanese YenThe test of the 148.61 price level occurred when the MACD indicator had already moved significantly below the zero line, which limited the pair's downward potential.In the second half of the day, a significant amount of macroeconomic data is expected. First, reports on the construction sector will be released, including building permits and housing starts. This will be followed by data from the University of Michigan on consumer sentiment and inflation expectations.
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