Technical Analysis : USD/JPY 13 August 2019

13 August 2019 Analysis (Forex, Currency Pair, CFDs, Crypto, etc.)AutochartistCurrency PairUSD/JPY

Forex Technical Analysis : USDJPY (13 August 2019)

Forex Technical Analysis : USDJPY

Target Level 106.1855

Support Line (A) : 105.0500 – Last TP of Falling Wedge

Resistant Line (B) : 106.2415 – Last TP of Falling Wedge

Target Period : 2 days

Interval : 30 Minutes

Pattern : Falling Wedge

Length : 237 Candles

Identified : 13-August-19

Detail : Falling Wedge has broken through the resistance line at 13-Aug-10:00. Possible bullish price movement forecast for the next 2 days towards 106.1855. (Supported by Upward sloping Moving Average)

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