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    USD/JPY

    Thread for USD/JPY discussion - latest news, technical analysis, forecasts and opinions.

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    The pair remain above 93 and now consolidation and got support around 92.92 still usd index is not good so might be here we can see the market ddrop it's position, but a twice touch support so in case break down otherwise still some upp correction expected , so better to see what UJ do today and if make high again i would like to go with sell idea and with tight sl of course
    This pair today ATR range about 98 and 38 so far completed , always put keep close eyes on ATR once its completed about 80% , always trade if good signal comes

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    The paid usd/jpy , everyone eyeing that can goes to 100 this year and of course it try to reach at that level but it really break down soon and taken down 400 more pips retracement and couple of days a go try to break the R1 96.33 a big round number but again usd proven strong for it , yen been one, one thing is notice we got lower higher divergence , i would call it's uncertainty

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    usdjpydaily.png
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    The paid usd/jpy , everyone eyeing that can goes to 100 this year and of course it try to reach at that level but it really break down soon and taken down 400 more pips retracement and couple of days a go try to break the R1 96.33 a big round number but again usd proven strong for it , yen been one, one thing is notice we got lower higher divergence , i would call it's uncertainty

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    Market is just wondering the level from 97.20-97.60-80 and did making a clear direction yet , but most likely is that if the not go below the 97 level then this market remain bullish though last day was a bearish momentum , but less likely will get respect today

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    usdjpyh4.png
    Market is just wondering the level from 97.20-97.60-80 and did making a clear direction yet , but most likely is that if the not go below the 97 level then this market remain bullish though last day was a bearish momentum , but less likely will get respect today

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    Market is in a very tight range since last three days and moving in tight channel , 23.6 level twiice touched for the dowtrend and still it is going still power , the point is critical if price did not be able to break then down trend will start again

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    we have taken the bounce from the golden ratio and now market again above about it but keep in mind one the triangle pattern not proper but still is showing a tight range as long market is under in it we would not be ready to take positions and yeah who is not looking for the 100

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    prices stalling and neglecting to go further below but not either and trying for the upward movement and also there are lot of spinning tops at the chart which means either we get a down , which is more likely if 100 CCi expand more

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    After a several attempts to break get on upper the 100 level of the price finally the usd is able to show the strength and beat the yen and immediately goes to more upper rather that 100 and now 101 , we have extend level in Fibonacci which is golden more we will see more bulls 161.8

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