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USDJPY: Simple Trading Tips for Beginner Traders on December 17. Analysis of Yesterday's Forex Trades
Analysis of Trades and Tips for
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Analysis of Trades and Tips for Trading the Japanese YenThe price test at 154.70 coincided with the moment when the MACD indicator had fallen significantly from the zero mark, limiting the downward potential of the pair. The second test at 154.70 occurred when the MACD was in the oversold area and recovering from there, which allowed for the execution of Scenario No. 2 to buy dollars. As a result, the pair rose by 25 pips.The Japanese yen only slightly strengthened
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Pavel Vlasov
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