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USD/JPY - ADP Employment Change - 30 Sep 2020

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Signal Details
Entry Price: 
105.596
Take Profit: 
106.0
Stop Loss: 
105.3
Direction: 
Buy
How we trade
Average: 5 (1 vote)

USD/JPY is trading to the upside today prior to ADP Employment Change. The Employment Change released by the Automatic Data Processing, Inc, Inc is a measure of the change in the number of employed people in the US. Technically the pair is trading below the 50 moving average, and we anticipate further upside on the USD/JPY into the 106.0 level.

Submitted by Toni H. on Wed, 30 Sep 2020 03:57:18 GMT

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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.

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