16 December 2015, USD/JPY
Daily chart: The scenarios with a continued upward pullback to the middle Bollinger (122.50) band and drop to the bottom band (120.96) are equally probable
Н4: the pair entered into the horizontal corridor 120.46-122.12.
Н1: significant support zone 120.96-121.25. As we see, from there the price can test the upper Bollinger band (122.00)
Expectations: a downward roll back to the zone 120.96-121.25 and then rise to 122.00.
Trading solutions: Buy when we get long signals around 120.96-121.25 to the target 122.00
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us