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We are expecting correction to 115.21

26 February 2016, USD/JPY

Daily chart: technical correction is continue in direction of middle Bollinger line (115.21), probably from this level new medium-term decreasing wave will go to 109.50 (bottom Bollinger line).

We are expecting correction to 115.21

Н4: local north presser is accumulate to 115.21 level across to resistance in 113.30.

We are expecting correction to 115.21

Н1: it is also north potential.

We are expecting correction to 115.21

Expectation: growth in direction of 115.21 line

Trading decisions: buy to 115.21 (reaching this level could last several days).

Aleksey Panasenko
Analyst of «FreshForex» company
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