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Technical Analysis JPY
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The pre-planned break-out variant for sales has been implemented, and achievement of anticipated targets is supported by bearish activity development, shown by OsMA trend indicator at break of key support range levels. At this point considering upside indicator trend, we can assume probability of rate correction period with key border resistance levels of 96,20/40, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales, on condition of the formation of topping signals the targets will be 95,60/80 and (or) further break-out variant up to 95,00/20, 94,40/60, 93,80/94,00. The alternative for buyers will be above 96,80 with targets of 97,20/40, 97,80/98,00, 98,40/60. Next Analysis:
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