Daily Forex Chart Art - Apr. 15, 2015


USD/JPY: 1-hour

USD/JPY: 1-hour


USD/JPY did move all the way down to the bottom of the channel around the 119.50 minor psychological level and seems to be finding support right there. At the same time, stochastic is climbing, which means that dollar bulls are taking control of price action and might push the pair back up to the top at the 121.00 major psychological resistance or at least until the middle near the 120.00 to 120.50 levels.

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