Buy JPY | 05 February 2016

05 February 2016, USD/JPY

Day chart: so, the price has achieved bullish O&U, so the main scenario is prive moving to upper Bollinger band (120.51), and then even more to 123.00.

Buy JPY

H4: local resistance is 118.74 (middle Bollinger band).

Buy JPY

H1: there is a bullish oscillator convergence here . Local support is located at 116.52, resistance levels - 117.51, 118.16

Buy JPY

Expectations: so, wait for grow to 117.51 and 118.16 Trading solutions: long positions to 117.51 and 118.16

Aleksey Panasenko
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus