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

USD/JPY Signal - USD FOMC Minutes - 7 Apr 2021

You are here

Signal Details
Entry Price: 
109.80
Take Profit: 
110.330
Stop Loss: 
109.200
Direction: 
Buy
How we trade
Average: 5 (1 vote)

USDJPY is finding upside out of the 109.60 pivot prior to the release of the FOMC Minutes today, which will give insight into their economic outlook & future policy map. Technically the pair has given bullish divergence on the PPO & has bounced from the 109.60 pivot.

Trade like a pro with TradeProofer's FREE MT4 software!

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.