Forex Market News FX charts. : USD/JPY

Monday, May 16, 2016

USD/JPY

Summary :
Target Level : 107.9961
Target Period : 2 days
Analysis :
Rising Wedge has broken through the support line at 13-May-20:00 2016 GMT. Possible bearish price movement forecast for the next 2 days towards 107.996.
Supporting Indicators :
RSI above 60
Resistance Levels :
( B ) 109.5605Last resistance turning point of Rising Wedge.
Support Levels
( A ) 108.518Last support turning point of Rising Wedge.

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