USD/JPY analysis for June 12, 2017 888011000 110888 Just recently, the USD/JPY set has been trading downwards. The price evaluated the level of 109.88. Inning accordance with the 1H amount of time, I discovered a damaged bearish flag and bearish divergence on the OSMA osilator. There is a head and shoulders development in the background, which is another sign of weakness. Myrecommendations is to expect potential selling chances. The down target is set atthe rate of 109.15. Resistance levels: R1: 110.20 R2: 110.45 R3: 110.60 Support levels: S1: 109.85 S2: 109.70 S3:109.45 Trading recommendations for today: look for possible selling opportunities.The product has actually been provided by InstaForex Company-www.instaforex.com

By | June 12, 2017

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