Forex Trading recommendation on USDJPY 13-06-2016 by AzaForex forex broker, brokerage firms, margin trading

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The dollar looks weaker in the Forex market against the Japanese yen. Now the pair has approached a strong support level from which price has bounced several times. But we hope that the bears manage to break the level of protection and lower quotes even lower, because below this level no protection there. The nearest support level more than 150 points. Of course, the bulls have a chance, as before, from level to raise the price, but if they are not strong enough to do it, and the game will include traders working on the slide.
 
The price is below a simple moving average 200 MA and 20 MA indicating bearish trend.
The MACD trend indicator is below zero level now, indicating bearish movement.
 
If the support level is broken you can use the following recommendation:
•             Chart timeframe: H4
•             The trade recommendation: Sell
•             The level of entry into short position 105.50
•             The level of profit and close the position: 104.00 (150 pips)
 
 
Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4110
 
Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.1220
 
Forex currency pair GOLD
Possible bullish movement in the breakout of the resistance level 1285
 
Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9615