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USD/JPY: Simple Trading Tips for Beginner Traders for November 8th (U.S. Session)
Analysis of Trades and Tips for
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Analysis of Trades and Tips for Trading the Japanese YenThe test of the 152.70 level occurred when the MACD indicator was just starting to move downward from the zero line, confirming a valid entry point for selling the dollar. As a result, the pair fell to the target level of 152.17, yielding about 60 points in profit.Later in the day, the University of Michigan Consumer Sentiment Index, and inflation expectations will be released. Weak U.S. statistics are likely to increase
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Jakub Novak,
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