Purchases to 124.00
06 November 2015, USD/JPY
Daily chart: strong trend bullish mood from ADX. Wait for the breakthrough above upper Bollinger band (122.15) and growth to 124.00-125.00. When news will be published these targets can be made today.
Н4: the same situation. Buy only. The growth activation when above 122.15.
Н1: more localized resistance 121.95. Breakthrough above it will be an extra indicator of buyers’ power.
Scenarios: breakthrough above 122.15 and growth to 124.00 Trading solutions: 1) Purchases to 124.00
Aleksey PanasenkoAnalyst of «FreshForex» company
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