Flat | 23 Junio 2017

23 Junio 2017, USD/JPY

Flat

Technical Observation

Recently, USD entered into a triangular formation and is still contained within this triangle. I expect a breakout above the the triangle to confirm a bullish move towards 111.72. A breakout below the lower trend line acting as a diagonal to the triangle may push the price to the lower side towards 110.96. On the hourly chart above, its better to remain flat and wait for a breakout to the either sides of this triangle.
Technical levels:
Resistance levels
R1: 111.4
R2: 111.48
R3: 111.61
Pivot Point
111.35
Support Levels
S1: 111.09
S2: 111.22
S3: 111.27
Trade Signal.
Flat

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.