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USD/JPY Signal - Japan Exports/Imports report - 18 Dec 2018

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Signal Details
Entry Price: 
112.30
Take Profit: 
112.80
Stop Loss: 
112.10
Direction: 
High
Result: 
Profit
How we trade
5/5 of 7 ratings

USDJPY is dropping since the pair touched 113.70 level and it is now close to 112.20 support level. The main focus remains on Wednesday Fed's decision with the US central bank set to increase the interest rates. Traders will also eye the report on Exports/Imports of goods in Japan.

usdjpy signal 18 dec 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.