manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Corrective potential may be limited

12 November 2015, USD/JPY

The daily chart: space for possible correction is rather large (up to the middle Bollinger band, 120.50), but it is a big question if bears can take this opportunity

Н4: strong local support at the bottom Bollinger band (122.40). Bounce from it towards 123.73 is very likely.

Н1: one of the options - flat, with the support of the bottom Bollinger band (122.76) and resistance at the upper band (123.15).

Expectations: The main scenario - decline to 122.40 and surge to 123.70 The alternative scenario - flat 122.76-123.15


1) Buy from 122.40 to 123.70

Aleksey Panasenko
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.