USDJPY Forecast and Analysis

USDJPY Forecast and Analysis

22 June 2016, 18:34
Chang Suk Chung

Below is usdjpy H1 chart.



Ichimoku kinko hyo, heiken ashi and fibonacci retracement are showed in chart.

Chikou span is touching historical candle.

And now candle is moving over senkou span A.

Next resistance level is located at fibonacci 38.2% retracement.

But heiken ashi is sending selling signal.

I think if price_close of this hour is over 104.510, box stage is broken in direction of uptrend.


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