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Premarket view on the Yen

31 August 2015, USD/JPY

The daily chart: a technical correction to the area of the middle Bollinger band (123.16) and visually evident there is no reason, why ,bulls have not finished this goal. Resistance 123.16 is strong and allows you to open sales.

Premarket view on the Yen

Н4: trending pressure ADX also indicates the probability of achieving 123.16.

Premarket view on the Yen

Н1: trend's frame. Just north.

Premarket view on the Yen

Expectations: rise to 123.16 and bounce down.


1) Purchases to 123.16

2) Sales from 123.16 intraday (carefully).

Aleksey Panasenko
FreshForex Analyst
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