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USD/JPY, 30 min

Pivot: 107.77

Analysis:

Provided that the currency pair is traded below 107.65, follow the recommendations below:

• Time frame: 30 min
• Recommendation: long position
• Entry point: 107.77
• Take Profit 1: 107.95
• Take Profit 2: 108.15

Alternative scenario: 

In case of breakdown of the level 107.65, follow the recommendations below:

• Time frame: 30 min
• Recommendation: short position
• Entry point: 107.65
• Take Profit 1: 107.45
• Take Profit 2: 107.35

Comment:

RSI shows the uptrend development during the day.

Key levels:

USD/JPY, D1

Pivot: 107.75

Analysis:

While the price is below 109.35, follow the recommendations below:

• Time frame: D1
• Recommendation: short position
• Entry point: 107.75
• Take Profit 1: 106.00
• Take Profit 2: 105.15

Alternative scenario:

If the level 109.35 is broken-out, follow the recommendations below.

• Time frame: D1
• Recommendation: long position
• Entry point: 109.35
• Take Profit 1: 111.20
• Take Profit 2: 112.20

Comment:

RSI indicates a continuation of the descending trend. 

Key levels:

We also advise you to pay attention to the following currency pairs for intra-day trading:

AUD/USD – sell below 0.6635 with 0.6565 and 0.6535 as Take Profit targets. Alternative scenario - if the level of 0.6635 is broken-out, you should consider buying with the targets 0.6655 and 0.6680 as Take Profit.
GBP/USD - long positions above 1.2235 with 1.2285 and 1.2310 targets as Take Profit. Alternative scenario - if the level of 1.2235 is broken-down, sell with the targets 1.2200 and 1.2175 as Take Profit.
EUR/USD - buy above 1.0990 with 1.1035 and 1.1055 targets as Take Profit. Alternative scenario - if the level 1.0990 is broken-down, sell with the TP 1.0955 and 1.0930.