Friday, May 15, 2015

USD/JPY Chart

Summary : Target Level : 120.2795Target Period : 3 days
Analysis :
Channel Down identified at 14-May-16:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 120.28 within the next 3 days.

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

Support Levels
( A ) 118.89Last support turning point of Channel Down.