Wednesday, June 15, 2016

USD/JPY Chart

Summary :
Target Level : 107.1815
Target Period : 3 days

Analysis :
Falling Wedge identified at 15-Jun-04:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 107.182 within the next 3 days.

Supporting Indicators :
RSI below 40

Resistance Levels :
( B ) 107.1815Last resistance turning point of Falling Wedge.

Support Levels
( A ) 105.7385Last support turning point of Falling Wedge.