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USD/JPY Signal - USD Personal Income - 26 Mar 2021

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Signal Details
Entry Price: 
109.2
Take Profit: 
108.80
Stop Loss: 
109.60
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USDJPY is at resistance prior to the USD Personal Income Data, which measures the total income received by individuals, from all sources including wages and salaries, interest, dividends, rent, workers' compensation, proprietors' earnings, and transfer payments. Technically the pair is above the moving averages but finding resistance at a key level, and we anticipate downside into the 108.80 level.

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Submitted by Toni H. on Fri, 26 Mar 2021 02:02:28 GMT

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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.

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