1 July 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY
Date : 1 July 2020
Support Line (A) : 106.7990 – Last TP of Rising Wedge
Resistance Line (B) : 108.1635 – Last TP of Rising Wedge
Target Period : 2 days
Interval : 4 hours
Pattern : Rising Wedge
Length : 36 Candles
Detail : Rising Wedge identified at 01-Jul-12:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 106.7990 within the next 2 days. (Supported by RSI above 60)
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Autochartist
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