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USDJPY: Simple Trading Tips for Beginner Traders for January 12. Review of Yesterday's Forex Trades
Trade review and trading tips for
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Trade review and trading tips for the Japanese yenThe test of the 157.82 price coincided with the moment when the MACD indicator was just beginning to move above the zero mark, confirming a valid entry point to buy the dollar. As a result, the pair rose by 30 pips.Nonfarm payrolls in the US increased by only 50,000, below economists' forecasts, but the unemployment rate fell to 4.4%, which allowed the dollar to rise temporarily against the yen. This dissonance in
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Jakub Novak,
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