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USD/JPY Signal - US Inflation data - 12 Jun 2019

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Signal Details
Entry Price: 
108.30
Take Profit: 
108.50
Stop Loss: 
108.00
Direction: 
High
Result: 
Profit
How we trade
5/5 of 5 ratings

USDJPY is trading near 108.30 level amid fresh US-China trade tensions. The save-haven Yen attracts more interest because of Trump's trade threats, USDJPY dropped from 112.00 highs to 108.00 level. However, we might see today some short term recovery for the U.S. dollar supported by better inflation data.

usdjpy signal 12 jun 2019

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.