USDJPY: Simple Trading Tips for Beginner Traders on October 10. Review of Yesterday's Forex Trades
USDJPY: Simple Trading Tips for Beginner Traders on October 10. Review of Yesterday's Forex Trades
Review of Trades and Trading Tips
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Review of Trades and Trading Tips for the Japanese YenA test of the 152.87 level occurred when the MACD indicator began moving upward from the zero line, confirming a correct entry point for buying the dollar, which resulted in a 35-pip rise in the pair.The Japanese yen remained under pressure after additional U.S. Federal Reserve officials expressed concern about inflation yesterday, preferring a more cautious position on interest rates.The market reacted instantly to such rhetoric: the yen—already influenced by the
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