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TODAY'S TECHNICAL LEVELS:
Resistance 3: 99.15.
Resistance 2: 98.96.
Resistance 1: 98.76.
Support 1: 98.52.
Support 2: 98.33.
Support 3: 98.13.
DESCRIPTION:
Please pay attention to the levels of support 3 (98.13) and resistance 3 (99.15). Normally, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that these currencies have found trends today.
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:accute::)))
we can see in the 1w chart
the pair can close up the up trend line
i see the pair will go to up way to 104.25
rsi refers that the pair will go up
so our target buy from 99.18 and our target will 418pips
Good luck
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today i like to sell this pair @ 99.37
my stop loss of the day @ 99.60
half take profit for today @ 99.17
and further half take profit @ 98.88
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Hi,
My preferance for USD/JPY is to buy from 99.25 and to stop loss at 98.25,
first take profit is at 100.00 and second at 100.20 (third is optional at 101.00).
Good luck for everyone :)
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Here is the usd/jpy chart we must stay below for bears to attack 97.64 again and then test 94.10 and break there we would be aware that wave X is done and we are on our way towards 89.40 which would be the bottom and 50% of the whole trend But if we manage to break above 99.50 and then 100.67 then bottom is very well placed and then we will go with momentum which is very strong So wait and see what comes our way next week But very high probability trade is here If US yeilds falls more than bulls will attack usd/jpy rather than Aussie dollar So check the chart
have a nice weekend
regards
http://i1292.photobucket.com/albums/...psca788292.png
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elliott common flat correction up 98.70 up trend is still intact in a triabgke configuration it should continue to rally to 98.55 or 98.76 if support around 98.16 hold after which a pullback to 98.16 - 97.96 zone is possible
support and resistances
res2 99.17
res1 98.76
sup1 97.75
sup2 97.16
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http://charts.mql5.com/1/917/usdjpy-...orex-group.png
we can see in the 4h chart
the pair will go down to fibo 38.2
I see the pair will go to down way to 96.68
stochastic refers that the pair will go down
so our target sell from 98.29 and our target will 160pips
@>-
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http://charts.mql5.com/1/921/usdjpy-...orex-group.png
the pair will go down to fibo 38.2
I see the pair will go to down way to 78.44
rsi refers that the pair will go down
so our target sell from 99.14 and our target will 70pips
Good luck
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Beauty and aesthetics graphics trading obscured by the formation of a graphical model "Brilliant." Is it possible then to talk about the randomness of the market when the price of paints such a model?
After the formation of the "diamond" on the rules of the output of the model is considered to be far to the height of this paternalistic:
If you put the height of the diamond on the 4-hour timeframe, it turns out that the goal of near-resistance otm.99, 243 have already taken, and is now a distant goal - resistance otm.100, 415.
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we can see in the 1h chart
the pair will go down
I see the pair will go to down way to 98.14
stochastic refers that the pair will go down
so our target sell from 99.14 and our target will 100pips
Good luck