01 June 2015, USD/JPY
Daily chart: The pair has a well-shaped ascending trend here, but correction may be required. It is late to buy and it is early to sell. We have to wait a signal to sell in correction either miss correction in expectation of a signal for purchases in a new phase of growth.
Н4: Resistance 124.45.
Н1: Here is an intraday flat channel 123.83-124.31
Expectations: Flat structure 123.83-124.31
1) Wait or try to scalp within channel 123.83-124.31
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