Technical Analysis : USD/JPY 9 October 2019

9 October 2019 Analysis (Forex, Currency Pair, CFDs, Crypto, etc.)AutochartistCurrency PairUSD/JPY

Forex Technical Analysis : USDJPY (9 October 2019)

Forex Technical Analysis : USDJPY

Target Level 106.4860

Support Line (A) : 106.4860 – Last TP of Falling Wedge

Resistant Line (B) : 107.4450 – Last TP of Falling Wedge

Target Period : 2 days

Interval : 4 hour

Pattern : Falling Wedge

Length : 58 Candles

Identified : 9-October-19

Detail : Falling Wedge identified at 08-Oct-20:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 106.4860 within the next 2 days. (Supported by Downward sloping Moving Average)

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

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