Sorry, you need to enable JavaScript to visit this website.

USD/JPY Signal - JPY Retail Trade - 28 Apr 2021

You are here

»
Signal Details
Entry Price: 
108.770
Take Profit: 
108.090
Stop Loss: 
109.220
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USDJPY has reached resistance prior to the JPY Retail Trade data. The data measures the aggregate sales made through a business location (usually a store) in which the principal activity is the sale of merchandise and related services to the general public, for household or personal consumption. Technically the pair is at the trendline resistance and the PPO is trading at over extended levels. Price is also holding below the significant 109.000 figure, and we anticipate downside into the 108.090 level.

Monitor your forex trade slippage with TradeProofer's Free MT4 software!

USD/JPY Signal - JPY Retail Trade - 28 Apr 2021
Submitted by Toni H. on Tue, 27 Apr 2021 23:42:03 GMT

Live Broker Spreads

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.

Site Pages

Legal Pages

Social Corner

Trading tools