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Technical Outlook and Review

Started by PocketOption, Oct 25, 2022, 11:17 am

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PocketOption

Technical Outlook and Review

USD/JPY: The current general bias for USDJPY on the H4 chart is bullish. To add to this bias, the price is currently trading above the Ichimoku cloud, indicating a bullish market. Last Friday the Bank of Japan intervened causing prices to be extremely volatile. Price hit the 1st resistance at 151.629 where the -27.2% Fibonacci […]


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