Technical Analysis : USD/JPY 22 May 2020

Forex Technical Analysis : USDJPY

Target Level 106.9902

Date : 22 May 2020

Support Line (A) : 107.3375 – Last TP of Triangle

Resistance Line (B) : 107.8315 – Last TP of Triangle

Target Period : day

Interval : 4 hours

Pattern : Triangle

Length : 28 Candles

Detail : Triangle has broken through the support line at 22-May-12:00. Possible bearish price movement forecast for the next day towards 106.9902.

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.