Weekly chart
DAILY CHART
TREND:
short term (form November 2017) - market is downward trend
long term (from March 2017) - market is in consolidation
RANGE:
short term (form November 2017) - 111,00 - 114,50
long term (from March 2017) - 108,00 - 115,00
RESISTANCE:
112,00
113,00
114,20
SUPPORT:
110,30
108,00
ANALYSIS:
Looking at USD/JPY quotes we can see two elements: first on, the market is in upward trend from September 2017. The market moved from 117,50 area. Currently the …
DAILY CHART
TREND:
short term (form November 2017) - market is downward trend
long term (from March 2017) - market is in consolidation
RANGE:
short term (form November 2017) - 111,00 - 114,50
long term (from March 2017) - 108,00 - 115,00
RESISTANCE:
112,00
113,00
114,20
SUPPORT:
110,30
108,00
ANALYSIS:
Looking at USD/JPY quotes we can see two elements: first on, the market is in upward trend from September 2017. The market moved from 117,50 area. Currently the …