Buy from 121.35
05 November 2015, USD/JPY
Daily chart: ADX is very active, so – up impulse is likely to appear today. We can achieve 125.00 in nearest days.
Н4: down correction is possible to middle Bollinger band (120.91), but, it’s questionable.
Н1: As we can see, the optimal area for long orders is middle Bollinger band (121.35).
Expectation: achieve 121.35 and increase to 122.00 or even to 123.00. Trading solutions: 1) Long positions from 121.35 to 122.00 and 123.00
Aleksey PanasenkoAnalyst of «FreshForex» company
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