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The pair aims to 124th figure

01 December 2015, USD/JPY

Daily chart: the pair is clearly directed toward the 124.03 (upper Bollinger band).

The pair aims to 124th figure

Н4: possible area for purchases - the middle Bollinger band (122.78).

The pair aims to 124th figure

Н1: resistance in the 123.35 area, but ADX is gaining momentum, so we do not consider selling even on rollbacks.

The pair aims to 124th figure

Expectations: rise to 124.03. Maybe after a rollback down to the zone 122.78. Trading solutions: purchase from 122.78 to 124.03 area.

Aleksey Panasenko
FreshForex Analyst
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