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USDJPY - Upward trend will continue, Long trade by market price recommended

July 24, 2019 4:40:56 PM by Alexander Zorevyk
Forecast Details
PairUSDJPY
Direction Buy
StatusClosed (108.60)
16:39
16:39
Jul. 24, 2019
+50 p
108.60
Target 1
108.10
Entry
-45 p
107.65
Stop Loss
Chart & Analyst Comments
main-buy-market-trend-1
  1. The decrease in the buyers volume, together with the increase in the sellers volume, confirms the need to Buy, according to our trading idea.
  2. We see a sharp increase in sell orders as indicated by a number of brokers, which may indicate an interest of a big market player. We are expecting an upward movement.
  3. Here is the crucial stop loss level to serve as a goal for our Buy trade idea.
    index: 1x 0.034275054931641s
t_/pages/forecast: 1x 0.030317783355713s
t_/common/header-new: 1x 0.019835233688354s
t_/common/head: 1x 0.016113996505737s
t_/common/footer-new: 1x 0.0025551319122314s
router_page: 1x 0.0019338130950928s
router: 1x 0.0010080337524414s
t_/popups/on-download: 1x 0.00049495697021484s
service-routes: 1x 0.00036001205444336s
router_redirection: 1x 0.00013589859008789s
t_/popups/zoom: 1x 2.5033950805664E-5s
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