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GBP/JPY Technical Levels and Trading Recommendations for November 29, 20122012-11-29 19:27:52 (читать в оригинале)
Overview
Proceeding from today's 4H chart, the pair failed to break the Resistance level 131.75 and bounced from it again, currently is trading below it. Given that the pair continues its bullish move after bouncing from the Support level 130.75, we will receive a strong indicator for more bullish signals which will enable the Resistance level of 131.75 as the level target. Then we should wait for breaking this Resistance level to continue the upward move and open the way towards the Resistance level of 132.20 again.
Resistance and Support Levels
R3 (133.00) R2 (132.20) R1 (131.75) S1 (130.75) S2 (130.00) S3 (129.05)
Trading Recommendations According to the previous analysis, we recommend buying after breaking the Resistance level of 131.75 and closing 4H above with TP 132.30; SL closing 4 hours below the Resistance level will be appropriate. The material has been provided by Instaforex Company - instaforex.com
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Категория «Наблюдения»
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