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USDJPY analyst forecast trading ideas 11/22/2019

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Analytics USDJPY based on round levels, price channels and altered wave analysis.

22.11.2019 Forecast USDJPY trading ideas


A currency pair trading USDJPY range upper limit downward price channel. Formed a rising level H1 truncated construct that resulted in breaks of the inclined channel. restrains the resistance level 108.70 USDJPY buyers and Stochastic Oscillator indicator shows overbought.

 

 

 

USDJPY trading idea:

Traders selling USDJPY pair on the formation of the descending structure.

Stop Loss the resistance level of 108.70.

Target levels - 108.27; 107.92
 

 

Analytics Grand Capital

 

Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.

 

 

 

Views: 132 | Added by: mik | Rating: 0.0/0
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