USD JPY analysis september 2012

in #move6 years ago

  • Daily shows a touch of the 50 EMA for a sell and a new day
  • 4hr shows the new candle under the out interim resistance
  • 1hr shows price at the bottom of the range and EMA touch
  • 15 min is flat
  • the Expectation is that since price failed to break 79.00 level there is a pull back due.
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price moved down 17 pips then reversed back up

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