Technical Analysis : USD/JPY 25 February 2020
25 February 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY
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.
