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Go long following a bullish price action reversal on the H1 time frame immediately upon the next touch of 108.07. Place the stop loss 1 pip below the local swing low. Adjust the stop loss to break ...
USDJPY continues to trade higher and jumped sharply after forming a minor bottom around 106.48. The pair hits 4-week high and broken major resistance 108.50 after a long consolidation. The jump was ...
The US dollar pulled back a bit during the trading session on Tuesday, showing signs of resiliency by turning around as we approached the crucial 200 day EMA. At this point, it’s very likely ...
A reversal to the upside in U.S. Treasury yields and increased demand for risky assets are also driving investors away from the lower-yielding Japanese Yen. At 15:33 GMT, the USD/JPY is trading ...
The US dollar has initially pulled back a bit during the trading session on Tuesday, reaching towards the bottom part of the hammer from the previous session before rallying again. Keep in mind that ...