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USD/JPY: Simple Trading Tips for Beginner Traders on February 17. Analysis of Yesterday's Forex Trades
Trade Analysis and Tips for the
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Trade Analysis and Tips for the Japanese YenThe test of the price at 153.35 coincided with the moment when the MACD indicator had moved significantly below the zero mark, which limited the pair's downward potential. The second test at 153.35 coincided with the MACD being in the oversold area, allowing for the implementation of Scenario 2 to buy the dollar. As a result, the pair increased by 20 pips.Despite the weak data showing a sharp decline in the services activity
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2026
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