27 October 2015, USD/JPY
The daily chart: active ADX may not allow bears to drag correction to the middle Bollinger band (120.01). It is possible that bulls have potential to move the price higher from current levels.
Н4: local support at the middle Bollinger band (120.60), the resistance of 121.68 (the upper band).
Н1: a local trading within the flat 120.84-121.19 is possible
Expectations: 1) The main scenario - flat 120.84-121.19. 2) The alternative scenario - touch of 120.60 and growth to 212.68
solutions: Sales are excluded. We are looking to buy around 120.60 and 121.84
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