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USD/JPY Signal - US-China trade deal - 14 Jan 2020

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Signal Details
Entry Price: 
110.00
Take Profit: 
109.90
Stop Loss: 
110.30
Direction: 
Low
Result: 
Profit
How we trade
Average: 5 (4 votes)

USDJPY is trading at 110 level after the disappointing US inflation data. We may see the pair dropping from the recent highs. Last week, the optimism surrounding the US-China trade deal had put the Japanese Yen under pressure. Moreover, investors cheered strong Chinese trade growth numbers during December.

usdjpy signal 14 jan 2020

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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.