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Range 122.13-122.94

30 June 2015, USD/JPY

Daily chart: Passive ADX reserves support in the area 122.13, whereas resistance is at 123.51 (bottom and middle Bollinger bands соответственно)

 Range 122.13-122.94

Н4: a better expressed resistance is at123.23 with convergence of the oscillator (which also proves support at 122.13).

 Range 122.13-122.94

Н1: one more resistance is at 122.94.

 Range 122.13-122.94

Expectations: Range 122.13-122.94. Trading in both sides.

Trading decisions:

1) we shall buy from 122.13 to 122.94

2) we shall sell from 122.94 to 122.13

Aleksey Panasenko
Analyst of «FreshForex» company
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