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USD/JPY Signal - JPY Tertiary Industry Index - 19 Apr 2021

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Signal Details
Entry Price: 
108.523
Take Profit: 
109.100
Stop Loss: 
108.200
Direction: 
Buy
How we trade
Average: 5 (2 votes)

USDJPY has reached support today prior to the JPY Tertiary Industry Index, which indicates the domestic service sector in Japan such as information and communication, electricity, gas heat and water, services, transport, wholesale and retail trade, finance and insurance ,and welfare. Technically the pair has reached a key support level and we anticipate upside to commence into the 109.1 level.

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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.