Technical Analysis : USD/JPY 17 March 2020

Forex Technical Analysis : USDJPY

Target Level 108.5010

Date : 17 March 2020

Support Line (A) : 105.2705 – TP of Channel Up

Resistance Line (B) : 108.5010 – TP of Channel Up

Target Period : day

Interval : 4 hours

Pattern : Channel Up

Length : 25 Candles

Detail : Channel Up identified at 17-Mar-09:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 108.5010 within the next day. (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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– Analysis as low as 15 minute data intervals.

– Short term forcasts.

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