Hi All. Please see my technical analysis for USD/JPY. In My opinion we are at the longer consolidation period at the strong support level on 99,8xxx level and moving resistance on MA100 .
In my opinion This pair will have problems to brake resistance market on MA100 as on shown graph. The MA 100 line will have downtrend pushing this pair down to support level of 99,8xx what will influence on longer consolidation through next month.
I am Expecting USD/JPY on 100,944 close to current pivot point l…
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