Buyings from 119.26 to 120.31 | 15 May 2015

15 May 2015, USD/JPY

Day chart: there is a rise inside sadeways trend, so the price will achieve the upper limit (120.31)

Buyings from 119.26 to 120.31

Н4: there is local O&U, that's why after a small rollback there will be movement to 120.31.

Buyings from 119.26 to 120.31

Н1: You can expect to receive almost 100 points profit today, because of a support level at middle Bollinger band at 119.26.

Buyings from 119.26 to 120.31

Expectations: the price will achieve 119.28 and go to 120.31

Trading decisions:

1) Buyings from 119.26 to 120.31

Aleksey Panasenko
FreshForex Analyst
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