Wednesday, October 12, 2016

USD/JPY

Summary :
Target Level : 104.073
Target Period : 3 days

Analysis :
Ascending Triangle identified at 12-Oct-01:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 104.0730 within the next 3 days.

Resistance Levels :
( B ) 104.073Last resistance turning point of Ascending Triangle.

Support Levels
( A ) 103.173Last support turning point of Ascending Triangle.



Chart date range :
28-Sep-04:00 GMT-> 12-Oct-06:00 GMT
Data interval : 1 hour
RSI:34 Candles
MA:34 Candles