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USD/JPY Signal - JPY Foreign Bond Investment - 19 Nov 2020

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Signal Details
Entry Price: 
103.800
Take Profit: 
103.350
Stop Loss: 
104.150
Direction: 
Sell
Result: 
Profit
How we trade
Average: 5 (2 votes)

USDJPY is trending to the downside today prior to JPY Foreign Bond Investment data. The data referrers to bonds issued in a domestic market by a foreign entity in the domestic market’s currency. Technically the pair is under the moving averages and has rebounded out of the 104.000 Pivot.

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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.