the pair and as we can see from the chart has closed it's daily candle under the level of 79.50 , so , that's mean the down trend is still standing and the pair is heading to 79.00 then 78.70
the pair and as we can see from the chart has closed it's daily candle under the level of 79.50 , so , that's mean the down trend is still standing and the pair is heading to 79.00 then 78.70
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analysis aud/jpy on frame day.if the pair broke support
level 78.78.the pair will down till level 78.02.however the pair
broke resistance level 79.26.the pair will up till level 80.02
good luck
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as i can see from the chart the pair has success in breaking the level of 79.00 and now the pair is trading under it , that's mean the down trend is standing and the pair might head to 79.75 then 79.50
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If a M15 close above 80 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 78 sell only and do not buy. If price closes back above it again do nothing
The range 80 and 78 is neutral area, any trade done in between is personal decision and not part of this analysis
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the chart is showing that he pair has succeeded in breaking the level of 79.50 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 79.75 and then 80.00
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If a M15 close above 80 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 79 sell only and do not buy. If price closes back above it again do nothing
The range 80 and 79 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
the trading now above the level of 79.00 will make the uptrend expected and the pair might continue in it's upmovements heading to 79.50 and then 79.75 and that's before bouncing from the resistance levels
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If a M15 close above 80 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 78 sell only and do not buy. If price closes back above it again do nothing
The range 80 and 78 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
AUD JPY/H1 The last bullish candle penetrated upper line of bollinger band ,so I expect this pair to go higher
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the pair has been ended it's trading today above level 79.00 and that's will lead the movement to up trend to reach 79.35 , so the buying is suggested with a appropriate stop loss level and targets equal 30 pips at least
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