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USD/JPY Signal - US Nonfarm Payroll report - 07 Dec 2018

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Signal Details
Entry Price: 
112.80
Take Profit: 
112.30
Stop Loss: 
113.00
Direction: 
Low
Result: 
Profit
How we trade
5/5 of 9 ratings

Despite BoJ Governor Kuroda ruled out additional stimulus, the Japanese Yen continues to gain power since hit the 114.00 level and now USDJPY is close to return on 112.00 level. Today, forex traders will eye the release of Nonfarm payrolls and Unemployment rates in the US to see some impetus into the market.

usdjpy signal 07 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. 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.