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Possible area of sales - 121.26

22 September 2015, USD/JPY

The daily chart: a strong resistance in the zone of the upper Bollinger band (121.55) almost certainly will not miss correction over its way

Possible area of sales - 121.26

Н4: the pair is in a big flat 119.28-121.26.

Possible area of sales - 121.26

Н1: the local northern, pressure, so the upper wall of the 4-hours flat could be achieved. But in the area of ​​120.81 a local resistance is possible.

Possible area of sales - 121.26

Expectations: rise to 121.26 and then roll back down towards 120.00

solutions: 1) Buy to 121.26 2) We sell from 121.26 to 120.00 (the best way is to wait for an additional Sell signal to ​​121.26).

Aleksey Panasenko
Analyst of «FreshForex» company
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