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We shall buy around 113.47

15 February 2016, USD/JPY

Daily chart: the last week was closed with a well-shaped bullish Inide Bar, so we are waiting for correction in the direction of the middle Bollinger band (117.16)

We shall buy around 113.47

Н4: local resistance from the horizontally located upper Bollinger band (115.17)

We shall buy around 113.47

Н1: support is based at 113.46 (middle Bollinger band), we consider buying in this area.

We shall buy around 113.47

Expectations: pullback to 113.46 and then beginning of a new growth to 115.37

Trading solutions: purchase from 113.46 to 115.37

Aleksey Panasenko
Analyst of «FreshForex» company
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