Forex Trading recommendation on USDJPY 17-03-2016 by AzaForex

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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.
The oscillator Force Index is below zero level now, indicating the strength of bears.
 
If the support level is broken you can use the following recommendation:
•             Chart timeframe: H4
•             The trade recommendation: Sell
•             The level of entry into long position: 110.90
•             Take Profit Level: 110.00 (90 pips)
 
 
GOLD
Possible bullish movement in the breakout of the resistance level 1270
 
GBPUSD
Possible bullish movement in the breakout of the resistance level 1.4370
 
EURUSD
Possible bullish movement in the breakout of the resistance level 1.1350
 
USDCHF
Possible bearish movement in the breakdown of the support level 0.9670