Analytics USDJPY based on round levels, price channels and altered wave analysis.
22.11.2019 Forecast USDJPY trading ideas
A currency pair trading USDJPY range upper limit downward price channel. Formed a rising level H1 truncated construct that resulted in breaks of the inclined channel. restrains the resistance level 108.70 USDJPY buyers and Stochastic Oscillator indicator shows overbought.
USDJPY trading idea:
Traders selling USDJPY pair on the formation of the descending structure.
Stop Loss the resistance level of 108.70.
Target levels - 108.27; 107.92
Analytics Grand Capital
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