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USD/JPY: Beginner Trading Tips on June 12th (U.S. Session)
Trade Analysis and Trading Advice for
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Trade Analysis and Trading Advice for the Japanese YenThe price test at 160.25 occurred at a moment when the MACD indicator had just started moving downward from the zero line, confirming a valid entry point for selling the dollar. As a result, the pair declined toward the target level of 160.02.Given the tense situation surrounding possible intervention by the Bank of Japan in the yen exchange rate, traders are tending to adopt a more cautious, wait-and-see approach. In the near
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2026
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Pavel Vlasov
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