Monday, September 19, 2016

USD/JPY Chart

Summary :
Target Level : 101.7775
Target Period : 2 days

Analysis :
Triangle identified at 19-Sep-01:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 101.7775 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 102.42Last resistance turning point of Triangle.

Support Levels
( A ) 101.7775Last support turning point of Triangle.



Chart date range :
09-Sep-07:00 GMT-> 19-Sep-06:00 GMT
Data interval : 1 hour
RSI:34 Candles
MA:34 Candles