manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Log in

Level 120.39 is the limit

19 May 2015, USD/JPY

Daily chart: The upper line of channel (120.39) is the limit, from where we may expect a new decline towards 118.70

Предел роста 120.39

Н4: Here is a local bullish pressure, so the price hitting 120.39 is quite real.

Предел роста 120.39

Н1: a local string is being formed 119.81-120.08

Предел роста 120.39

Expectations: pullback to 119.81 and hitting of the point 120.39, from where a new decline to 118.70 is starting.

Trading decisions:

1) Purchases from 119.81 to 120.39

2) Sales from 120.39 to 118.70

Aleksey Panasenko
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .