Monday, June 13, 2016

USD/JPY Chart

Summary :
Target Level : 104.6482
Target Period : 3 days

Analysis :
Descending Triangle has broken through the support line at 13-Jun-02:00 2016 GMT. Possible bearish price movement forecast for the next 3 days towards 104.648.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( A ) 107.173Last resistance turning point of Descending Triangle.