Daily technical analysis 18.05.2020

Hello. Below are a few recommendations for trading in the Forex market on 18.05.2020


On USDJPY price for a few days moves level 107,000. It seems that continue rates, and development of ternd up. Consider purchase here.


On the pair AUDJPY price twice failed to pass the resistance level 69,62. A good pattern here is not formed, but probably should look for signals in sales on lower time frames. Consider here sale, with the expectation of the development of the down trend.

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