Ninja (USDJPY ) Ideal Trading Day…

Well I am hopeful that this pair will at least fall today for the following reasons, Dollar index on H1 Pivot Points reached top of range, secondly Japanese Yen is expected to be stronger due to Nikkei also reaching H1 Pivot Point top of the range and as such profit taking is expected on Nikkei which will subsequently make Yen stronger. No major news affecting this pair today.

Ninja Daily

Here is a descending triangle and market at resistance and at top of the descending triangle.

Ninja H4

Market currently at the H1 top of range pivot point and 21 and 55 closing up and 200 EMA is flattening indicating possible market trend reversal. Stochs also at overbought.

Ninja H1

Market at Resistance and top of hourly range.

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