USD/JPY: Simple Trading Tips for Beginner Traders – August 1st (U.S. Session)
USD/JPY: Simple Trading Tips for Beginner Traders – August 1st (U.S. Session)
Trade Analysis and Recommendations for the
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Trade Analysis and Recommendations for the Japanese YenThe test of the 150.37 level occurred when the MACD indicator had already significantly moved below the zero line, which limited the pair's downward potential. For this reason, I did not sell the dollar.Today, attention should be paid to the ISM Manufacturing Index and the University of Michigan Consumer Sentiment Index. Strong figures are likely to trigger another sell-off in the yen, as they would reinforce expectations of a more hawkish stance from
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