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USD/JPY

Hello,
At this moment pair mark: 100.43
After all FED decision rate didn't have much impact as expected. Adjustment was made gradually since last Friday.
As we can see on chart above price is under pressing for selling. Next target is the Floor. I in my opinion pair will not cross the Main Support line.
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Observing charts - psychological impact

Hello community!
Today I'll be sharing my opinion about observing charts in certain conditions like we are experienced nowadays.
For those, like me, that use technical analysis when exchange rates achieve deep bottoms or highest levels sometimes we can make decisions based on ilusions or make technical analysis mistakenly if we use supports and resistances, considering we are using differents time frames.
An example to be more precise:
a) Presupposition:
Main indicators used: supports and resist…
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