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USD/JPY Signal - USD Personal Income - 25 Jun 2021

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Signal Details
Entry Price: 
110.79
Take Profit: 
110.35
Stop Loss: 
111.10
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USDJPY is trending to the downside today prior to the USD Personal income data, which shows the total income of all Americans. Technically the pair has formed a head and shoulders pattern at the 110.9 pivot, and we anticipate downside.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.