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USD/JPY Signal - USD Initial Jobless Claim - 28 May 2020

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Signal Details
Entry Price: 
107.839
Take Profit: 
107.45
Stop Loss: 
108.09
Direction: 
Sell
How we trade
Average: 4 (4 votes)

USDJPY is trading at 107.45 today prior to USD initial jobless claim data. The jobless claim data is a measure of people filling state unemployment forms for the first time. We anticipate further USD weakness into the 107.45 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.