27.08.2019
USDJPY
The pair is trading flat amid uncertainty over the resuming of US-China trade talks. This factor will increase the demand for defensive assets, including the JPY.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. Moving Averages suggest selling. RSI is below 50% and declining. Stoch are also falling
Trade recommendations:
If the price falls below 105.60, it may go further down to 104.00.
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