Resistance: 95.17 strong/95.91 moderate/96.50 minor

Support: 94.58 moderate/93.85 minor/93.26 minor

Three Outside Down is just under the pivot point at 95.17 in Hourly USDJPY charts. With a combination of a high level bearish pattern and a strong resistance consider shorting at market the immediate objective at 94.58 break of which should see us move to 93.85. Stop loss should be placed above 95.17.

The information has been prepared for information purposes only. The document is not intended as personalized investment advice and does not constitute a recommendation to buy, sell or hold investments described herein. This information contained herein is derived from sources we believe to be reliable, but of which we have not independently verified. FXInstructor LLC assumes no responsibilities for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person's reliance upon this information. FXInstructor LLC does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. FXInstructor LLC shall not be liable for any indirect, incidental, or consequential damages including without limitation losses, lost revenues or lost profits that may result from these materials. Opinions and estimates constitute our judgment and are subject to change without notice. Past performance is not indicative of future results

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