Start a new week of trading. and tonight I will take special care to monitor the currency pair USD/JPY which is an important level to determine continued its upward trend of recent months. the price just broke the downward trendline in H4 that it had submitted in a downward channel. but now the price has clearly revealed upward and broke an important resistance on the environment of 123.00 yen per dollar. but has been slowed by the SMA 200periodos, said SMA will handle much like the big banks so it is possible that out there in that area and want smart money does something, so our mission is determined according to the data. if it is for them long or short, as we show the price action of succession between the candles there. If price makes a kick to the Trendline has broken, there would be a good place to look for long positions, in order to overcome the SMA 200 which would lead to about USD / JPY 124.40 monthly our great strength.That's why it deserves my attention the monitor to see if this pair leaves us a clear entry on Long
Ruminations:The Greeks and Chinese trees do not prevent us from seeing the forest looming commodity. Chinese imports fell in June.
Ruminations:The Greeks and Chinese trees do not prevent us from seeing the forest looming commodity. Chinese imports fell in June.