Sales from 120.61 | 18 September 2015

18 September 2015, USD/JPY

The daily chart: a continued clamping of the pair in the spring at the middle Bollinger band (120.59). Apparently, the price will distribute volumes down towards the lower Bollinger band (118.17)

Sales from 120.61

Н4: flat range 119.640-120.06

Sales from 120.61

Н1: a broken bottom envelope. We shall sell after a rollback to the middle (120.61)

Sales from 120.61

Expectations: touch of 120.61 zone and beginning of decline to 118.17

Trading solutions: We sell from 120.61 to 118.17

Aleksey Panasenko
FreshForex Analyst
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