Forex Trading Library

USDJPY 2015-09-24

0 102

USDJPY

119.60

AS the market within the symmetrical triangle then we will wait is the better option for any wise trader. The main levels 121 / 118, any penetration of one of them it means more to come on the direction of the breakout (Upward breakout, or downward breakout respectively!)

Therefore, still the market trading between the range we mentioned, we will remain neutral until getting clearer confirmation signal for the next trend. so, expected trading range for today is between 119.00 and 121.70 .

  Support Resistence
Level 1 119.50 120.50
Level 2 118.20 121.50
Level 3 117.20 122.00
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