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USD/JPY: Simple Trading Tips for Beginner Traders on August 19th (U.S. Session)
Trade Review and Tips for the
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Trade Review and Tips for the Japanese YenThe first test of the 147.62 price level occurred when the MACD indicator had already moved significantly below the zero line, which limited the pair's downward potential. For this reason, I did not sell the dollar. The second test of this price level happened when the MACD was in the oversold zone, which allowed Scenario #2 for buying the dollar to materialize and resulting in a 20-point increase.Traders' attention now turns to the
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Summary
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Pavel Vlasov
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