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USD/JPY binary signal - Tokyo Consumer Price Index - 24 May 2018

Signal details
Entry Price: 
109.22
Close Price: 
109.24
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
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Traders would be looking for today's Tokyo CPI report which is scheduled for 23:30 GMT. In the meantime the US Dollar slippage continues and we would expect USDJPY to find support at 109.22 where a short term retracement might take place. Therefore, we expect the currency pair to close higher on the day.

binary options signal usdjpy 24 may 2018

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. He has no business nor personal relationships with any mentioned government entities or stocks. 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.