Tuesday, December 8, 2015

USD/JPY Chart

Summary : Target Level : 122.3005
Target Period :
3 days

Analysis :
Descending Triangle identified at 08-Dec-05:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 122.3 within the next 3 days.

Resistance Levels :
( B ) 123.4755Last resistance turning point of Descending Triangle.

Support Levels
( A ) 122.3005Last support turning point of Descending Triangle.