Technical Analysis : USD/JPY 12 March 2020

Forex Technical Analysis : USDJPY

Target Level 105.1340

Date : 12 March 2020

Support Line (A) : 103.0985 – TP of Channel Down

Resistance Line (B) : 105.1340 – TP of Channel Down

Target Period : 11 hours

Interval : 30 Minutes

Pattern : Channel Down

Length : 68 Candles

Detail : Channel Down identified at 12-Mar-13:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 105.1340 within the next 11 hours.

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Autochartist

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– Analysis as low as 15 minute data intervals.

– Short term forcasts.

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