15 May 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY
Date : 15 May 2020
Support Line (A) : 106.7760 – Last TP of Rising Wedge
Resistance Line (B) : 107.7690 – Last TP of Rising Wedge
Target Period : 2 days
Interval : 4 hours
Pattern : Rising Wedge
Length : 58 Candles
Detail : Rising Wedge identified at 14-May-20:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 107.7690 within the next 2 days. (Supported by Upward sloping Moving Average)
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Autochartist
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