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USD/JPY: Simple Trading Tips for Beginner Traders on April 24th (U.S. Session)
Trade Analysis and Strategy Tips for
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Trade Analysis and Strategy Tips for the Japanese YenThe first test of the 142.66 level occurred when the MACD indicator had already dropped significantly below the zero line, which limited the pair's downward potential. For that reason, I chose not to sell the dollar. The second test of 142.66 happened when the MACD was in oversold territory, which enabled Scenario #2 for buying to unfold. However, as you can see on the chart, the pair failed to show any significant
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Jakub Novak,
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