USDJPY Technical Analysis November 2018

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Nov 13, 2018 admin

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USDJPY has reached the target and completed the bullish wave; possibly, the price may be corrected towards 113.35 and then resume the bullish movement towards 114.85. According to 4 hours and 1d chart, the pair is moving above 100MA and 200MA. The last two weekly bullish closings of USDJPY indicated the signs of a future bullish trend. However, the lower time frames of USDJPY are looking week so there is a strong possibility of 50 to 70 pips downtrend in the pair.

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4 years ago

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4 years ago

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USDJPY Technical Analysis November 2018

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