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| Triangle has broken through the resistance line at 28-Dec-18:00. Possible bullish price movement forecast for the next 3 days towards 104.2152. Supported by Upward sloping Moving Average | ||||||||||||||||||||||
Forex and stock traders are looking for the consistently wrong investor, trader and take the opposite position. This will obviously lead to winning trades for them. All traders have read trading books that point out that increasing volume is good for the continuation of the trend. Many new stock traders will try and fight the trend.
Monday, December 28, 2020
USD/JPY
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