21 October 2015, USD/JPY
The daily chart: the pair reached the limit level of correction (middle Bollinger band, 119.86), with the bottom envelopean earlier broken down. If bulls manage to break this setup, the price may rise to the upper band (120.71)
Н4: localized support at the middle Bollinger band (119.33) also has a good prognostic value. Breakdown will confirm the southern determination, rebound will complicate movement to the Suoth.
Н1: another support at 119.71
Expectations: The main scenario - fall to 119.33 and 119.00. The alternative scenario - a rebound from 119.71 to 120.05
solutions: Sales are preferable
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us