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Descending flat

29 December 2015, USD/JPY

Daily chart: the pair clearly shows a tendency to get lower. The nearest goal - bottom Bollinger band (119.64)

Descending flat

Н4: one more support - 120.11. ADX in the active zone and the price can get further down.

Descending flat

Н1: flat corridor 120.25-120.57

Descending flat

Expectations: flat 120.11-120.57

Trading solutions: sales from 120.57 to 120.11 and below (for extraday traders)

Aleksey Panasenko
FreshForex Analyst
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