pornfree porn Technical analysis for USDJPY on 13.09.13
  • Technical analysis for USDJPY on 13.09.13

    Artem Helium
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    Technical analysisThe USD/JPY made a false break of the uptrend line and moved to the support level of 99.10.

    Direction

    Period

    Expected price dynamics

    Price movement corridor

    ↑↓

    1 day

    ≈140 pips

    Max. 101.50

    Min. 98.00

    USDJPY technical analysis on 13.09.13

    A rebound from the support level of 99.10 went amid a reverse breakup of the uptrend line and the closest resistance level of 99.80. Holding above the level of 99.80 will indicate that the bullish trend remains dominant. However, should the pair break and consolidate above the level of 100.00, this would indicate the growth of the U.S. dollar. In this case, the buyers may open long positions with the targets at 100.50, 101.00.

    Alternative forecast

    USDJPY technical analysis on 13.09.13

    Breaching the uptrend line of 99.70 and the support level of 99.80 will let the pair test the strength of the support level of 99.10 for the second time. Should the pair break down this level, it will open the sellers the way to 98.70 and 98.40.

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