03 June 2015, USD/JPY
Daily chart: There is a tendency of correction towards the пmiddle Bollinger band(121.44), but Bollinger bands still preserve their Northern determination. It is not the best time and place for trades.
Н4: Divergency of oscillator as one more signal for a possible correction. Support is based on 123.53.
Н1: Resistance is represented by point 124.18 (the middle Bollinger band)
Expectations: pullback to 124.18 abd decline to 123.53
1) Sales from 124.18 to 123.53