16.11.2018
USDJPY
The pair is trading on the level of 113.30, while remaining in a short-term uptrend. If this level is passed, a local fall is possible against the backdrop of the growing tension in the world’s markets.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and is moving down. Stoch have reversed downwards.
Trading recommendations:
After the pair passes 113.30 and takes hold below, it may drop to 112.80.
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