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01.08.201907:09 Analytische Bewertungen Forex: USD/JPY reaching support , potential bounce!

Exchange Rates 01.08.2019 analysis

USDJPY is approaching 1st support at 109.449, potential bounce could occur!

Entry :109.449

Why it's good :23.6% Fibonacci retracement

Horizontal pullback support

Take Profit : 109.593

Why it's good : 100% Fibonacci extension *2

50% Fibonacci retracement

Exchange Rates 01.08.2019 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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EURJPY Potential For Dips| 6th Dec 2021
Prices are on a bearish momentum and abiding to our bearish trendline. We see potential for a dip from our 1st resistance at 128.016 which is a graphical overlap and area of Fibonacci confluences towards our 1st support at 127.324 which is an area of Fibonacci confluences. Breaking the 1st support.
Author: Dean Leo
00:46 2021-12-06 UTC--5
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USDJPY short-term bullish bounce | 6th Dec 2021
On the H4 timeframe, price broke out of the ascending trendline support, signifying a bearish momentum. However, we can expect price to make a small retracement from 1st Support in line with 78.6% Fibonacci projection towards 1st Resistance in line with 38.2% Fibonacci retracement and 100%.
Author: Dean Leo
00:43 2021-12-06 UTC--5
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