Quote:
Originally Posted by trader123
Two indicators signal buy for USDJPY
Two of the proven indicator for USDJPY is Parabolic and MACD, currently both indicators are signalling buy.
But I have to warn my readers that FOMC is going to announce their interest rate decision at 18.15 GMT Time, so we have to expect volatility.
Bought 20,000 USDJPY at 107.86
Stop level at 107.00
Target level at 108.60
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Target level 108.60 is reached, profit is US$136.