Log in

Lowering flat

01 February 2016, USD/JPY

Day chart: strong breakthrough of upper envelope. Now a middle-term roll back is likely to appear in middle Bollinger band (118.42). At this level you had better open long positions and hold them till 123.60 level.

Lowering flat

H4: more localized 119.48 support (middle Bollinger band).

Lowering flat

H1: sideways intraday range - 120.82-121.48.

Lowering flat


The main scenario: 120.82-121.48 flat

The alternative scenario: decrease towards 119.48

Trading solutions: sell from 121.48 to 120.82 and 119.48 (extraday)

Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.