Technical Analysis : USD/JPY 28 April 2020
28 April 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY
Forex Technical Analysis : USDJPY
Target Level 106.9935
Date : 28 April 2020
Support Line (A) : 106.9935 – Last TP of Falling Wedge
Resistance Line (B) : 107.3225 – Last TP of Falling Wedge
Target Period : 21 hours
Interval : 1 hour
Pattern : Falling Wedge
Length : 64 Candles
Detail : Falling Wedge identified at 28-Apr-13:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 106.9935 within the next 21 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.
