Technical analysis of USD/JPY 09/20/2018

Quotes of the USD/JPY currency pair continue to move within the ascending channel. An attempt to start a downward correction from the upper boundary of the uptrend to a region below the level of 111.50 is expected.
In favor of USD/JPY fall is the test of the trend line on the indicator RSI.
The abolition of the pair’s decline will be strong growth and a breakdown of 113.00 level, which will indicate the breakdown of the upper boundary of the rising channel.


Created by Joshua Hayn

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