USD/JPY: Simple Trading Tips for Beginners – July 22nd (U.S. Session)
USD/JPY: Simple Trading Tips for Beginners – July 22nd (U.S. Session)
Trade Review and Recommendations for the
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Trade Review and Recommendations for the Japanese YenThe test of the 147.55 level occurred when the MACD indicator had just begun to move downward from the zero line, confirming a valid sell entry for the dollar. However, the pair did not experience a significant drop.Later in the day, the Richmond Fed Manufacturing Index is scheduled for release, but more attention will be on Federal Reserve Chair Jerome Powell's speech. Any indications of interest rate cuts could put pressure on the
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