Side diapason is preparing to decrease
18 February 2016, USD/JPY
Daily chart: medium-term tendency is decreasing to 111.76 (bottom Bollinger line).
Н4: Bollinger envelopes are getting narrow in range 113.37-114.69.
Н1: more localized resistance located in area of upper Bollinger line (114.35). Support is 113.73 (bottom line ).
Expectation: flat 113.73-114.35
Trading decisions: looking for signals for selling from area 114.35-114.69 to 113.73.
Aleksey PanasenkoAnalyst of «FreshForex» company
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