Possibly, strong support at 111.15
12 February 2016, USD/JPY
Daily chart: the downward pressure to in the 110th figure remains.
Н4: local support is at 111.15 (the bottom Bollinger band).
Н1: we confirm a horizontal local flat range 111.15-113.04 with intermediate resistance on the middle band (112.26)
Expectations: decline towards 111.15 and rebound to 112.26
Trading solutions: when we have signals at the level 11.15 - we shall buy to 112.26
Aleksey PanasenkoAnalyst of «FreshForex» company
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