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Sales from 120.70

03 September 2015, USD/JPY

The daily chart: we are still waiting the price to fall to the lower Bollinger band (118.18)

Sales from 120.70

Н4: local horizontal flat range 119.30-121.80

Sales from зоны 120.70

Н1: local resistance at 120.70 with ADx going through correction. We are waiting for a bounce down to the supports at 120.30 (middle band) and 119.89 (Lower Bollinger Band).

Sales from 120.70

Expectations: touch of 120.70 and then decline towards 120.30 and 119.89

solutions:

1) Sell from 120.70 к 119.89 and to 118.18 (extraday).

Aleksey Panasenko
FreshForex Analyst
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