Technical Analysis : USD/JPY 27 April 2020
27 April 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY
Forex Technical Analysis : USDJPY
Target Level 107.1923
Date : 27 April 2020
Resistance Line (A) : 107.6225 – Last TP of Descending Triangle
Target Period : 10 hours
Interval : 30 Minutes
Pattern : Descending Triangle
Length : 76 Candles
Detail : Descending Triangle has broken through the support line at 27-Apr-10:30. Possible bearish price movement forecast for the next 10 hours towards 107.1923. (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.
