Monday, November 21, 2016

USD/JPY Chart

Summary :
Target Level : 110.647
Target Period : 5 hours

Analysis :
Rising Wedge identified at 21-Nov-05:45 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 110.6470 within the next 5 hours.

Resistance Levels :
( B ) 111.186Last resistance turning point of Rising Wedge.

Support Levels
( A ) 110.647Last support turning point of Rising Wedge.



Chart date range :
18-Nov-03:00 GMT-> 21-Nov-06:00 GMT
Data interval : 15 Minutes
RSI:34 Candles
MA:34 Candles