USD/JPY: Simple Trading Tips for Beginner Traders on September 1. Analysis of Yesterday's Forex Trades
USD/JPY: Simple Trading Tips for Beginner Traders on September 1. Analysis of Yesterday's Forex Trades
Analysis of Trades and Trading Tips
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Analysis of Trades and Trading Tips for the Japanese YenThe test of the 147.11 price level coincided with the moment when the MACD indicator was starting to move down from the zero line, confirming the correct entry point for selling the dollar. As a result, the pair declined by 25 pips.Friday's US Personal Consumption Expenditures (PCE) index did not surprise and matched economists' forecasts, which weakened the dollar against the Japanese yen. However, it's too early to count the dollar
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