Online Assistant
We will be pleased to answer any questions you may have
Write Call
Log in

Waiting when the pair will grow to 123.87

01 July 2015, USD/JPY

Daily chart: a strong pivot zone on 122.09works as support now. The bottom Bollinger band is also based there which consolidates support even better. We are waiting for the pain on the middle line (123.60)

 Waiting when the pair will grow to 123.87

Н4: pressure of bulls also allows for growth to the area of the upper Bollinger band (123.87).

 Waiting when the pair will grow to 123.87

Н1: the upper envelope has been broken. We should buy on return to the middle band (122.47)

 Waiting when the pair will grow to 123.87

Expectations: Waiting for growth to123.87. A preliminarily pullback to 122.47 is probable thereby enabling purchases.

Trading decisions:

1) We should buy from 122.47 to 123.60 and 123.87

Aleksey Panasenko
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.