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Thursday, November 30, 2017

Ema Trading With example of current price Action of Usd/Jpy

Following the backtest of EMA price action as I mentioned in my previous post Recent pair to watch usd/Jpy.
Price is being strongly supported by EMA 72 and 20, & Price action occurs only when we see a break of yeaterday's high & that can happen at today US Market open.
PA will be strong break with outside pattern and retest of the broken area or EMA.
Check the chart.

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