Hello, everyone!
My today's analysis are about USD/JPY pair which is in downtrend from a while, there is a formation of Bullish Butterfly in H4 chart, I highlight the pattern in below usdjpy chart.
That is a clear signal for a buying opportunity, if you are thinking about sell.. that would be a bad idea.
Ultimate oscillator is having a Bullish divergence in Daily chart and also there is formation of higher high's and higher lows which is also bullish signals.
price will going to test the resistance level which is 98.70 to 99.00.
My today's analysis are about USD/JPY pair which is in downtrend from a while, there is a formation of Bullish Butterfly in H4 chart, I highlight the pattern in below usdjpy chart.
That is a clear signal for a buying opportunity, if you are thinking about sell.. that would be a bad idea.
Ultimate oscillator is having a Bullish divergence in Daily chart and also there is formation of higher high's and higher lows which is also bullish signals.
price will going to test the resistance level which is 98.70 to 99.00.
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| USDJPY Chart 10/04/2013 |
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