USDJPY intraday forecast (technical side)

10 February 2016, 13:41
oleksandr bilokon
0
40

Chart: http://bi0l.blogspot.com/2016/02/usdjpy-intraday-forecast-technical-side.html

 

 Calculated data levels:

Support (S1 / S2 / S3 = 114,43 / 05 / 113.43) and resistance (R1 / R2 / R3 = 115,67 / 116,05 / 67).

Key resistance levels (1st from 116.34 to 114.94 at the end of the day, the 2nd of 116.13 to 115.86).

Given OB Stochastics oscillator, we expect to test key resistance levels, or levels of trend (down H1),

where it is recommended to consider the activities of the parties on the charts of smaller timeframes.

For short-term sales, on condition of formation of reversal signals, these target levels are calculated daily resistance levels R1 / R2 / R3.

Alternative shopping makes sense breakdown provided above (down H1) and aims to increase levels R2, R3.

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