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We buy from 122.68 to 123.24

27 May 2015, USD/JPY

Daily chart: A massive breakthrough of the upper envelope. We are waiting for retest of the middle Bollinger band (120.40) and growth to new Highs.

We buy from 122.68 to 123.24

Н4: Support is better shaped here 121.92 (the middle Bollinger band)

We buy from 122.68 to 123.24

Н1: Today it is a flat within 122.68-123.24

We buy from 122.68 to 123.24

Expectations: Decline to 122.68and growth to 123.24

Trading decisions:

1) We buy from 122.68 to 123.24

Aleksey Panasenko
FreshForex Analyst
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