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FX.co ★ Technical analysis of USD/JPY for May 15, 2018

Technical analysis of USD/JPY for May 15, 2018

Technical analysis of USD/JPY for May 15, 2018

The USD/JPY pair on the 4 Hour Chart now is already in Overbought condition and seems they will test the 109.16 level as long as this level is not broken by the pair. This is Bullish bias already spotted by the Ascending Triangle and the Convergence between the Stochastic Oscillator with the price.

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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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