Technical Analysis : GBP/JPY 31 March 2020
31 March 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsGBP/JPY
Forex Technical Analysis : GBPJPY
Target Level 127.4395
Date : 31 March 2020
Support Line (A) : 127.4395 – TP of Rising Wedge
Resistance Line (B) : 134.7370 – TP of Rising Wedge
Target Period : day
Interval : 4 hours
Pattern : Rising Wedge
Length : 44 Candles
Detail : Rising Wedge identified at 30-Mar-16:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 127.4395 within the next day.
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Autochartist
If you open a live account with a broker that support Autochartist, you’ll get :
– Analysis as low as 15 minute data intervals.
– Short term forcasts.
– Risk and volatility information.
