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USD / JPY Pri alontèm tandans: Bearish
The USD/JPY pair retested level 105.50 and resumed downward. The Yen has fallen to level 104.87 at the time of writing. The selling pressure will persist if the price breaks below the SMAs. Already, the price has broken the 50-day SMA and it is approaching the 21-day SMA.
Chak jou Tablo Endikatè Lekti:
21-jou SMA a ak 50-jou SMA a an pant anba ki endike downtrend la. Koup la te tonbe nan nivo 49 nan peryòd Index relatif fòs 14. Sa endike ke gen yon balans ant demand ak ekipman pou.
USD / JPY mwayen-tèm tandans: bearish
On the 4-hour chart, the pair has fallen to the oversold region of the market. On November 12 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. This indicates that the market will fall to level 1.618 Fibonacci extensions. Perhaps, the market will resume a fresh uptrend as it is in the oversold region.
4-èdtan Tablo Endikatè Lekti
Pè a USD / JPY se kounye a anba a ranje a 20% nan stochastic la chak jou. Li endike ke pè a te tonbe nan rejyon an oversold nan mache a. SMA yo ap pant anba ki endike downtrend la.
Jeneral pespektiv pou USD / JPY
USD/JPY has been on a downward move. The pair has fallen to the oversold region of the market. Perhaps buyers are likely to emerge at the oversold region. Presently, there are bullish signals at the bottom of the chart.
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