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---------- Post added 11-02-2017 at 09:18 PM ---------- Previous post was 11-01-2017 at 10:55 PM ----------
USD/JPY: 55 MA ACTED AS SUPPORT AGAIN
13:23 02.11.2017
The lower "Window" has acted as support, so the pair is likely going to test the nearest resistance. If any bearish pattern forms little later on, there'll be an opportunity to have a decline towards the Moving Averages.
The 55 Moving Average has acted as support once again. Also, there isn't any reversal pattern so far. Therefore, bulls are likely going to continue pushing the price higher in the short term.
More:
https://f.b.s.com/analytics/articles...ort-again-4835