Premarket view on USDJPY
09 November 2015, USD/JPY
Daily: active ADX allows considering a growth to 123.73 and 125.00.
Н4: there is 2 local support areas, which can became new correction targets. They are 121.67 and 122.34. Wait for long signals and follow the trend.
Н1: as we can see, the pair can touch 122.34.
Expectations: So, wait for growth to 123.73 and 125.00 and hope for local correction to 122.34, and we can make long orders. Trading solutions: 1) Buy from 122.34 to 123.73 and 125.00 (extraday).
Aleksey PanasenkoAnalyst of «FreshForex» company
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