USDJPY intraday forecast (technical side) 2016-03-14

14 March 2016, 15:27
oleksandr bilokon
0
54
Calculated data levels:
Support (S1 / S2 / S3 = 113,05 / 112,77 / 33), resistance (R1 / R2 / R3 = 113,93 / 114,21 / 65).
Key support levels (1st from 113.52 to 1132.52 at the end of the day, the 2nd of 113.33 to 113.48).
Indicator OsMa marked increase in activity bears, which is the basis for planning of trading operations with the decrease correction.
Given the state oscillators Stochastics, expect a test of key levels and down H4, where it is recommended to consider the activities of the parties on the charts of smaller timeframes.

For short-term sales, on condition of the depreciation of trust are key support levels, and provided sample - level S1, S2,, S1-w. Alternative purchase may make sense provided the breakdown down H4 to R1, R2, R1-w.

Chart: http://bi0l.blogspot.com/2016/03/usdjpy-intraday-forecast-technical-side_14.html 

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