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Just yesterday The Central Bank of Russia (CBR) left interest rates unchanged announcing that "the easing cycle is over".
(www.fxstreet.com)We can see that the price passed below the midline of the bearish cross of 10&20 MA , so I expect the pair to decline to the support area.
+63 pips registered on the previous long position. The technical suggest that the breakout from the ascending channel is still highly possible. Moreover , the recent discussion on tightening the monetary policy by the American Central Bank (Fed) due to the updated inflation expectation...
USDJPY 🇺🇸🇯🇵 has fixed above the channel's midline. The ongoing recovery of the American economy (www.investing.com) gives bullish sentiments so I expect the possible breakout of the channel from the top.
The pair has just pulled back from the top trendline. Looking at the Volume and ROC I would go short here in case the bottom trendline is broken and we will be seeing the breakout from he triangle
The fibo support survived after the fluctuations that followed the trend breakout. We can clearly sport the ongoing trend reversal that is expected to continue in case 0.236 and 0.382 fibo levels are broken.
EURJPY 🇪🇺🇯🇵 is in the decline that is expected to continue due to the ECB interest rate decision. In spite that we can expect a slight incline up to the 0.382 fibo level the latter shall reject the price pushing it towards the test of the 0.618 level.