Weekly Predictions (Feb 18 - 22)

Updated
- Price overbought on Stochastic Oscillator
- Price reversed at key level (111), may function as strong resistance
Comment
4-hr chart

snapshot
- Price neither overbought nor oversold
- Price crossed EMA (25, close) on the downside but failed on the retest
- May see pair range a bit in this zone (111 - 110)
4hrchartdailychartforecastMoving AveragesOscillatorspredictionsSupport and ResistanceUSDJPY

Disclaimer