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USDJPY reversed off Resistance, Prepare For A Reversal

Por Tickmill
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Price is approaching its 1st resistance ( 38.2%& 50% Fibonacci retracement,61.8% Fibonacci extension,horizontal pullback resistance) where it is expected to reverse down to its support (horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected
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Chart PatternsforexsignalsHarmonic PatternsjpyTrend AnalysisUSDUSDJPY
Tickmill
Corretora
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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