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USD/JPY Signal - Xi/Trum Showdown at the G20 summit - 30 Nov 2018

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Signal Details
Entry Price: 
113.40
Take Profit: 
113.80
Stop Loss: 
113.20
Direction: 
High
Result: 
Profit
How we trade
5/5 of 6 ratings

USDJPY dropped significantly after hitting a wall 114.00 level. Currently, the pair is trading flat ahead of the important meeting between US President Trump and China President Xi at the G20 summit. They will hold discussion over tariffs. The U.S. dollar has been weak in a last couple of days but that could change in the short term.

usdjpy signal 30 nov 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. He has no business nor personal relationships with any mentioned government entities or stocks. 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.