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Wait for up rollback to 118.89

14 May 2015, USD/JPY

Day chart: inside flat continues in 118.61-120.31 channel. And there is no signals for stopping it.

Wait for up rollback to 118.89

Н4: a bull pinbar is expected here from 119.03 support level, it may throw the pair to middle Bollinger band (119.72)

Wait for up rollback to 118.89

Н1: support is at 118.89. Local resistance is at 119.45 level.

Wait for up rollback to 118.89

Expectations: so, wait for falling to 118.89-119.02 area and a rollback to 119.45, or even to 119.72

Trading decisions:

1) Buy from 118.89 to 119.45 and 119.72

Aleksey Panasenko
FreshForex Analyst
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