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USD/JPY: Beginner Trader Tips on June 18th (U.S. Session)
Trade breakdown and trading advice for
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Trade breakdown and trading advice for the Japanese yenA price test at 160.78 occurred at a time when the MACD indicator had already moved significantly above the zero line, which limited the upward potential of the pair. For this reason, I did not buy the dollar.In addition to the expected intervention by the Bank of Japan through currency operations — especially considering that the yen has already weakened to 161 per dollar — today's U.S. economic data releases are expected,
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2026
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Pavel Vlasov
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