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Flat 123.85-124.15

23 July 2015, USD/JPY

Daily chart: waiting for support around the middle Bollinger band (123.21), from where bulls can attempt to grow to 124.96 (the upper band)

Flat 123.85-124.15

Н4: a better expressed support on 123.63.

Flat 123.85-124.15

Н1: even a better expressed support on - 123.85. Resistance is on 124.15,

Flat 123.85-124.15

Expectations: slipping down to 123.85 and growth to 123.15.

Trading decisions:

1) Buying from 123.85. Range is limited, but we can support a trade to 124.96 in the middle term

Aleksey Panasenko
FreshForex Analyst
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