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USDJPY Analysis 31.10.2019

31.10.2019

Market Review

The overall movement of the currency pair is upward, following by 135 and 365 moving averages in the trading range. Stochastic Oscillator indicator signals oversoldness.

Trading recommendations:

Buy while an ascending pattern is forming.

Stop loss under the support level 108.50.

Target levels – 108.90; 109.26.

Author: admin
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