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Equally possible outcomes

13 July 2015, USD/JPY

Daily chart: bulls are active and threat to break a descending trend. Bears are protective themselves around 123.72. If buyers break it, quotations may get up to the upper Bollinger band(124.40)

Equally possible outcomes

Н4: the same conclusions. Bulls claim to break 123.72, though scenarious are equally probable. .

Equally possible outcomes

Н1: local control support 122.76 (middle Bollinger band). Here is a third Bar outside envelopes and it speaks in favor of sellers.

Aleksey Panasenko
Analyst of «FreshForex» company
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