Thursday, October 23, 2014

USD/JPY

Yesterday I did not have any trades on this pair
I hope I will have a trade today.

As per both H4 & H1 charts, USD/JPY is on an UP trend.
But in both charts we can see there isn't any volume to support the trend.
In H4, the pair has broken the resistance.
I take trade only if there is volume to support the trend.





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