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USD/JPY: Tips for Beginner Traders on June 22 (U.S. Session)
Trade Breakdown and Trading Advice for
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Trade Breakdown and Trading Advice for the Japanese YenA price test of 161.75 occurred at a moment when the MACD indicator had already moved significantly upward from the zero line, which limited the pair's upward potential. A second test of 161.75 occurred when the MACD was in overbought territory, which triggered the execution of Scenario #2 for selling the dollar. However, a significant decline in the pair has not yet occurred.During the U.S. trading session, no major U.S. macroeconomic data
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2026
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