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The pair is moving sideways within the narrow channel, formed by the upper border and the middle line of Bollinger Bands, the price range is narrowed. MACD histogram is in the positive zone, keeping buy signal.1.2420, 1.2450, 1.2490
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USDJPY DOWN TREND NEXT MONTH
Opening long positions is possible above the support level of 3/8 Murray or 107.42 with protective orders at 107.00 and take-profit at the level of 107.81.Resistance levels: 107.42, 107.81.
Support levels: 106.00, 105.25
Support levels: 106.00, 105.25
EURUSD DOWN TREND NEXT MONTH
On the H4 chart, the pair demonstrates side movement within the narrow corridor formed by the borders of Bollinger Bands. Price range is narrowed. MACD histogram is in the negative zone keeping a signal for the opening of sell positions.Support levels: 1.2205, 1.2176, 1.2155, 1.2028, Resistance levels: 1.2348, 1.2370, 1.2420, 1.2450, 1.2490.