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Sell order:Bhai mary plan ya hai jub market support 1ko touch kry to sell k order lga den or se k tp support 2 ok kr den or stop loss resistance1 ok kr den
Buy order:jub market resistance1 ko touch kry to buy k order lga den or se k tp resistance2 ok kr den or se k stop loss support1 kr den.
Plan 2:sell order: jub market resistance3 ko touch kry sell order ok kr den or stop loss 20 pip kr den.
Buy order:jub market support3 ko touch kry to buy k order ok kr den.daily 30 or 40 pip profit easy.support and resistance indicator on chart.
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USD/JPY. Sideways bias in the nearest term as the price trapped between MA-50 and MA-200 in the 4-hour chart. An uptrend would need a break above nearest resistance 123.20 to set the price aiming higher area of 123.55 or even 123.90. While a downtrend could be triggered if the price fall consistently below 122.20 area with next support located near 121.85 and 121.50 area.
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Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Because the market has entered the area above the second resistance, the market is predicted to be a correction at 124.08
Recommendation: Buy
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Achieved the dollar-yen pair breached the level of 123.20 and settled daily closing above it, the scenario corrective bearish proposed in the last of our reports to stop temporarily, waiting to determine the point of the following price more precisely, in terms of price now needs to penetrate a directional keys, which is 123.20 support and resistance 124.20 to confirm the next track.
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USDJPY pair was lower yesterday and bottomed at 122.50 but then corrected upwards at the end of the trading session. Now it is trading above its 20day moving average of 122.44 in the European trading session. The near term bias remains Neutral to Bullish with targets of 124.15
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We point out that breaking the above-mentioned support will put the price in the path of a new bearish correction, and targets start at 122.35 then 120.50, while the penetration resistance will bring to the rising price trend that the main targets start at 125.84 and extends to 127.00.
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Daily Forecast
Major Trend: Bullish
Time Frame: H4
Reason: If the 123.74 support broken, then the next prediction market will be heading to retest 122.55 strong support.
Recommendation: Sell
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The pair continues to fluctuate against the yen near the pivotal resistance 124.20, while we are still waiting to get the most accurate following the direction of the signal by skipping a pivotal resistance levels that are mentioned and support 123.20, making us continue to neutral so far.
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25, June 2015
USD/JPY (a 4-hour chart)
The price is finding the first support at 123.50, the next one is at 122.40. The price is finding the first resistance at 124.30, the next one is at 125.50.
The price is in the Cloud and it is under the Chinkou Span. The Tenkan-sen and the Kijun-sen show an upward movement and form a “Golden Cross”.
Trading recommendations
We suppose the pair will go to 123.50 first. Having overcome the first target the price might go downwards to 122.40.
http://dl.dropbox.com/u/51561036/scr...625-214718.png
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USDJPY pair was higher yesterday and peaked at 124.35 but then it corrected lower towards the end of the trading session. Now it is trading below its 20day moving average of 123.85 in the European trading session. The near term bias remains Bearish with targets of 123.05