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USD/JPY: Tips for Beginner Traders on March 5th (US Session)
Trade Review and Tips for Trading
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Trade Review and Tips for Trading the Japanese YenThe test of the 157.19 level occurred when the MACD indicator had just begun moving upward from the zero mark, confirming a correct entry point for buying the dollar. However, the pair did not develop a significant upward move.Attention should now shift to key economic indicators such as weekly initial jobless claims in the United States, as well as changes in unit labor costs and labor productivity in the US non-farm sector.A
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Jakub Novak,
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