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We expect a rebound from the support 117.14

14 January 2016, USD/JPY

Daily chart: there are signs of a further decline in the direction of 116.15

We expect a rebound from the support 117.14

Н4: meanwhile here we have inactive ADX, so scenario of the flat within the range of 117.14-118.37 is possible

We expect a rebound from the support 117.14

Н1: we confirm local support 117.14

We expect a rebound from the support 117.14

Expectations: fall to 117.14 and then correction to 117.45 < / p>

Trading solutions: short term purchases from the zone of 117.14 (it is better to find an upward signal, cause the targets are very small and it is dangerous to take risks against the trend)

Aleksey Panasenko
FreshForex Analyst
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