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25.09.2018 04:05 PM
Forecast for USD / JPY as of September 25, 2018

USD / JPY

The yen was able to overcome the resistance of the trend line of the downward price channel on the daily chart. Despite the fact that yesterday in Japan was a holiday. The double divergence of the price and the oscillator on the four-hour chart did not take place. Instead, there was a rising corridor, the price tends to its upper limit. On the price chart, the target is the resistance of the green rising price channel in the area of 114.45.

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On the four-hour chart, the price also increases in the price channel.

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Laurie Bailey,
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