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Enables the dollar versus the yen from reaching our first target is expected at 124.20, being attempts to confirm the break of this level, reinforcing expectations of continued upward trend in the coming period, where our objective resides at the next summit, recorded in advance at 125.84.
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We witnessed another day of rising prices, approaching 125 yen per US dollar. Regarding the day Friday, the situation is exactly the same as the previous cross, ie indicators only releases the afternoon's program.
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usdjpy na mera both loss kiya hay ya last 7 days say buying ma hay is na 120.40 low kiya tha aur dobara buying ma chala gaya hay jub ya 120.40 pr tha to ma samja tha k ya aur sell hoga pr asa nahi hoa
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this pair still stable at this days at 124 in this freakin market. and this pair still undecided . ctually the trading at tis month is very difficult in forex market. its so risky nd dangerous because of this Greece.
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Fluctuating dollar versus the yen near 124.20 pivotal resistance, waiting for a breakthrough this level to confirm opening the way for the continuation of the bullish trend in the coming sessions, where SMA 50 continues to provide support for the price from the bottom, with the reminder following our goal at 125.84.
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Stochastic provides positive signal wait to form a good incentive supports opportunities to penetrate the resistance mentioned, with reference to the break of 123.20 would stop the current rise and put the price under pressure corrective bearish again.
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pair- usd/jpy
time frame- m15
technical analysis-
http://i59.tinypic.com/33l0zep.jpg
the price is moving in the up trend side with supporting trend line at 124.10 level. this up movement is rejecting from the resistance at 124.33 level. the stoch indicator is going to overbought. hold long entry with stop loss at 124.10
good luck.
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We're still on the same expectations after the pair achieved our aim first at 123.90 levels remained the pair around and we still expect it to continue to climb on the pair until the levels of 124.50 and 125.50 where the pair is currently trading at 124.20 levels, heading to our next target at 124.50
While maintaining a stop loss closing candle on the bottom of this emerging trends levels.
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It was unable dollar versus the yen of long stability above 124.20, to trade passively yesterday and moved below the mentioned level, but we note that the SMA 50 form the floor of support instantaneous good to stop the low price, accompanied by the arrival of Stochastic oversold areas and approach the provision of signal intersection positive.
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The factors that encourage us to continue tipping the overall upward trend for the coming period, and that the main targets start at 125.84, while continuing stability above 123.20 is required.
Expected trading range for today is among the 123.20 support and 125.00 resistance scale
General tendency is expected for today: UP