5 november, 11:50Yen. Have taken down stops, and have gone on a trend …
It is possible to name yesterday safely «a pulling down of stops» as current rate slightly left a price range 96,50-99,70 on already and so reading off scale oversale oscillators then has safely returned to a range.
As it is necessary to remember that on day and 4õ sentry chart nobody cancelled a descending trend. Work against it very brave traders can only.
At present it is possible to observe strengthening of descending movement.
The nearest strong levels of support 98.50 and 98.00 which breakdown opens a way to levels 97.00 and 96.70.
If "not modestly" to estimate prospects of the given current rate fair price is located in the field of 92-93 yens for dollar.
Resistance levels: 99.00 99.30/40, 99.70/80, 100.00, 100.20, 100.40, 100.80, 101.00
Current price: 98,91
Support levels: 98.50, 98.30, 98.00, 97.70, 97.50 97.10/00, 96.70, 96.50 96.10/00
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