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USD/JPY: Simple Trading Tips for Beginner Traders on April 21st (U.S. Session)
Trade Breakdown and Trading Tips for
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Trade Breakdown and Trading Tips for the Japanese YenThe first test of the 140.62 price level occurred when the MACD indicator had already fallen significantly below the zero line, which limited the pair's downward potential. For this reason, I did not sell the dollar. The second test of 140.62 happened when MACD was recovering from the oversold zone, which activated Scenario #2 for buying and led to a more than 30-point rise in the pair.Today's U.S. Leading Indicators data is
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Jakub Novak,
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