Technical Analysis : USD/JPY 25 February 2020

25 February 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY

Forex Technical Analysis : USDJPY 25 February 2020

Forex Technical Analysis : USDJPY

Target Level 110.3435

Date : 25 February 2020

Support Line (A) : 110.3435 – TP of Channel Down

Resistance Line (B) : 111.0420 – TP of Channel Down

Target Period : 9 hours

Interval : 30 Minutes

Pattern : Channel Down

Length : 72 Candles

Detail : Channel Down identified at 25-Feb-10:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 110.3435 within the next 9 hours. (Supported by Downward sloping Moving Average)

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Autochartist

If you open a live account with a broker that support Autochartist, you’ll get :

– Analysis as low as 15 minute data intervals.

– Short term forcasts.

– Risk and volatility information.



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