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We shall buy to 123.53

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.

We shall buy to 123.53

Н4: Divergency of oscillator as one more signal for a possible correction. Support is based on 123.53.

We shall buy to 123.53

Н1: Resistance is represented by point 124.18 (the middle Bollinger band)

We shall buy to 123.53

Expectations: pullback to 124.18 abd decline to 123.53

Trading decisions:

1) Sales from 124.18 to 123.53

Aleksey Panasenko
FreshForex Analyst
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