Monday, April 13, 2015

Forex USD/JPY

Summary : Target Level : 121.1944Target Period : 3 days
Analysis :
Ascending Triangle has broken through the resistance line at 09-Apr-20:00 2015 GMT. Possible bullish price movement forecast for the next 3 days towards 121.194.

Supporting Indicators :
Upward sloping Moving Average

Resistance Levels :
( B ) 120.448Last resistance turning point of Ascending Triangle.

Support Levels
( A ) 119.863Last support turning point of Ascending Triangle.