Wednesday, May 13, 2015

FX Chart USD/JPY

Summary : Target Level : 119.057Target Period : 3 days
Analysis :
Triangle identified at 12-May-12:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 119.057 within the next 3 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 120.2795Last resistance turning point of Triangle.

Support Levels ( A ) 119.057Last support turning point of Triangle.