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USD/JPY Target Level: 109.0140

Channel Down identified at 15-May-2019 08:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 109.0140 within the next 2 days. Supported by Downward sloping Moving Average Chart 1 hourPattern Channel DownLength 157 CandlesIdentified 15-May-2019 08:00 UTC
USD/JPY Target Level: 109.0140

Channel Down identified at 15-May-2019 08:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 109.0140 within the next 2 days. Supported by Downward sloping Moving Average

Chart 1 hour
Pattern Channel Down
Length 157 Candles
Identified 15-May-2019 08:00 UTC

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US30 is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.

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