Technical Analysis : USD/JPY 18 March 2020

Forex Technical Analysis : USDJPY

Target Level 105.2705

Date : 18 March 2020

Support Line (A) : 105.2705 – TP of Triangle

Resistance Line (B) : 107.8620 – TP of Triangle

Target Period : day

Interval : 4 hours

Pattern : Triangle

Length : 24 Candles

Detail : Triangle identified at 18-Mar-13:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 105.2705 within the next day.

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.

– Risk and volatility information.