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Buy from support 111,93

25 February 2016, USD/JPY

Daily chart: pair is in middle range of bottom Bollinger Envelope we can see decrease to 109.50, but a preliminary correction to middle Bollinger line (115.28) is possible

Buy from support 111,93

Н4: Local side corridor is 111.42-113.20

Buy from support 111,93

Н1: support is 111.93 (middle Bollinger line), resistance is 112.71 (Upper line)

Buy from support 111,93

Expectation: decrease to 111.93 and rise to 112.71

Trading decisions: buy from 111.93 to 112.71

Aleksey Panasenko
FreshForex Analyst
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