Monday, March 7, 2016

USD/JPY Chart

Summary : Target Level : 113.1215
Target Period :
2 days

Analysis :
Triangle identified at 07-Mar-03:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 113.122 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 114.259Last resistance turning point of Triangle.

Support Levels
( A ) 113.1215Last support turning point of Triangle.