23 Tháng sáu 2017, USD/JPY
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