USDJPY weekly analysis 2016-04-week3

24 April 2016, 22:56
oleksandr bilokon


Last week opened with (gap - 52p) with a test weekly support levels (S1-w), that gave power to further increase to (down H4 broken, R1-w) of the test and breakdown weekly resistance levels (R1-w) above key levels and (down D1) for levels (Up W1 broken). Zformovano (up H4 channel).

  Price has gone from 108.23 (Open) with testing (R1-w), return to (EMA24), then was made the growth of breakdown (R1-w) to 2 key resistance levels again decrease to (R1-w , EMA24) and further rollback to a maximum 111,80 (High), and 108,75 (Close). 

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