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USDJPY 4 Hour chart is in sideway range between 106.290 and 103.015. Price already below LSMA 30 period for the last 9 bars after rejection to go higher. So the price is likely to go bearish targetting level around 104.321. I will put sell order on every sell signal on lower time frame until price reach the target level or if already breaks above LSMA 30.
3 Weekly map of Bollinger Band and Linear Regression line shows that 1.6727 is a strong level of resistance. I think Cable will headed down to First Target about 1.6672, or if there is strong momentum it could reach the second target about 1.6622, or 3 Weekly EMA. edit: Cable almost reach the first target and went up again. I think it is heading to the next ...