Monday, September 5, 2016

EUR/JPY

Summary :
Target Level : 113.857
Target Period : 2 days

Analysis :
Channel Up identified at 03-Sep-00:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 113.8570 within the next 2 days.

Resistance Levels :
( B ) 116.367Last resistance turning point of Channel Up.

Support Levels
( A ) 113.857Last support turning point of Channel Up.



Chart date range :
18-Aug-16:00 GMT-> 05-Sep-08:00 GMT
Data interval : 4 hour
RSI:34 Candles
MA:34 Candles