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USDJPY: growth before the publication of macroeconomic statistics in the US

Buy on a level breakthrough of 124.58 with 125.84 target. Stop loss = 124.00.

Reason for the trading strategy

Today, it is worth paying attention to the ADP employment in the private sector, to the ISM balance of trade and business activity index in the US services sector. If the macro statistics is better than expected, the likelihood of an early increase in US federal funds rate will increase.



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