Technical Analysis : USD/JPY 27 April 2020

27 April 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY

Forex Technical Analysis : USDJPY 27 April 2020

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

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– Analysis as low as 15 minute data intervals.

– Short term forcasts.

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