13 July USD/JPY Technical Analysis
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The estimated test of key resistance range levels for implementation of pre-planned short positions has not been confirmed by now, considering low activity of both parties and preservation of bearish trend priority, earlier designed planning of trading operations remain unchanged. Hence, we can assume probability of test of close Ichimoku cloud border contained in 93,20/40 levels, 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 92,60/80, 92,00/20, 91,60/80 and (or) further break-out variant up to 91,00/20, 90,40/60, 89,80/90,00. The alternative for buyers will be above 94,40 with the targets of 94,80/95,00, 95,60/80.
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