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

USD/JPY Signal - USD Markit Services PMI - 23 Apr 2021

You are here

Signal Details
Entry Price: 
107.912
Take Profit: 
108.62
Stop Loss: 
107.420
Direction: 
Buy
How we trade
Average: 5 (1 vote)

USDJPY is at a key support level prior to the USD Markit Services PMI Data, which shows business conditions in the services sector. Technically the pair is at support, approaching a daily trendline and the PPO is giving bullish divergence. We anticipate upside into the 108.62 level.

Monitor your forex trade slippage 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.