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Leonid graduated from Donetsk National Technical University, specialization "Automation and process control". He came to the market five years ago. As a basis of trade he uses indicator «Murray levels» , also prefers the classical technical analysis.

USD/JPY: Testing the lower boundary of the flat

There was a second attempt to gain a foothold above the level of 4/8 (109.38). Despite the bullish trend, STD1 has not changed color, while on the contrary STH4 become bearish. Numerous breakdowns STH4 talking about the flat, the boundaries of which is the canal 3/8 (108.59) - 5/8 (110.16). It should also be noted that the breakdown of the level 5/8 was false, which also indicates the likely testing goals at the level 3/8 (109.62).

Trade recommendations:

Sell – 109.85; sl – 110.65; tp – 108.55.

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