Price action day trading forex

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Smart Scan Trend Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.. Chart confirms that a strong downtrend is in place and that the market remains negative longer term. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders. Chart indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode. Chart confirms that a short term counter trend move is underway. Chart confirms that a short term counter trend move is underway.

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USD/JPY has recorded gains on Friday, erasing the losses which marked the Thursday session. Daily chart: The bullion traded above the third weekly resistance level, which is located at 1,158.04, on Friday morning.

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Price action day trading forex:

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