USD/JPY Reaches Indocili lassitudo, Reverse in Level 104.56

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Results

Resistentia key gradus: 111.000, 112.000, 113.000
Key gradus Support: 104.000, 103.000, 102.000

USD / JPY Long-term Fossa Price: INDOCTUS
The USD/JPY pair is currently in a downward move. Since June the pair had been in a downtrend. On October 21, the Yen has broken down to the low at level 104.34. The price corrected upward and resumed a sideways move. The downtrend has reached bearish exhaustion.

Charta cotidiana lectio Indicatores,
50-dies SMA et 21 dies SMA deorsum acclives sunt ad descendendum indicantes. Vena nunc in plano est 40 quotidianae fortitudinis relativae Index. Hoc indicat forum in zona media et infra centrum linearum 50 esse.

USD / JPY Medium-terminus Trend: INDOCTUS
On the 4-hour chart, the pair is in a downward move. On October 21 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. This indicates that the Yen will fall and reverse at level 1.272 Fibonacci retracement level. That is at level 104.56, Yen will reverse.

Top IV-hora lectio Indicatores
Mercatum nunc infra 25% spatium est stochastici cottidiani. Nummus indicat momentum in incondito esse. SMAs etiam proclives sunt ad transversas inclinationes demonstrantes.


Generalis pro Outlook USD / JPY
USD/JPY has been in a downward move. The selling pressure has reached bearish exhaustion. According to the Fibonacci tool, the Yen will fall and reverse at level 104.56.



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