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July 31 Chart of the Day - USD/JPY

In response to all the Forex chart requests we've received today's chart of the day USD/JPY is presented in both a higher time frame weekly chart and a lower time frame 4 hour chart.

This allows for a birds eye view to help determine market sentiment and directional assessment for those who considers themselves "traders vs investors".

Levels of interest are presented in both directions.

So what's next?

Nobody knows for sure but using these 5 price action tools traders and investors can develop levels of interest in both directions.

  1. Support/Resistance
  2. Trend
  3. Fibonacci 
  4. Supply/Demand Zones,
  5. Change Control Zones

Take a look at the charts and let us know what you think.  

We'd like to hear from you in the comments sections.

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