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05 January 2016, USD/JPY

Daily chart: downward pressure. The key support zone 119.35 (zone of the bottom Bollinger band)


Н4: support 118.95 (bottom Bollinger Band), resistance of 120.00 (middle band).


Н1: more localized levels of support/resistance 119.34\119.72


Expectations: flat 119.34-119.72

Trading solutions: looking for the entry points down on growth to the zone 119.72-120.00

Aleksey Panasenko
Analyst of «FreshForex» company
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