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Selling from 120.77

02 September 2015, USD/JPY

The daily chart: we are still movement down after the current pullback within the framework of potential ADX and inside bar. Goals - 118.41 and then in medium-term - 116.00

Selling from 120.77

Н4: supply zone - 120.75-121.00. middle Bollinger band)

Продаем из зоны 120.77

Н1: confirm strong resistance at the upper Bollinger band (120.77)

Selling from 120.77

Expectations: so , we're waiting for the touch 120.77 and then decline to 118.41.

solutions:

1) Selling from 120.77-121.00 to 118.41.

Aleksey Panasenko
FreshForex Analyst
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