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 Technical analysis of EUR/JPY for August 22, 2014

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painofhell

painofhell

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Technical analysis of EUR/JPY for August 22, 2014 Empty
PostSubject: Technical analysis of EUR/JPY for August 22, 2014   Technical analysis of EUR/JPY for August 22, 2014 Icon_minitimeFri Aug 22, 2014 9:10 am
General overview for 22/08/2014 10:00 CET
This is the last chance scenario for bears impulsive count before the level of 138.02 will be violated and the impulsive count invalidated. Breakout below the golden trendline is the key for further downside move.

Trading recommendations:
Day traders should consider opening sell orders from the current market price with SL above the level of 138.02 and first TP at the level of 137.45.
Technical analysis of EUR/JPY for August 22, 2014 Eurjpy_h1

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Technical analysis of EUR/JPY for August 22, 2014

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