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We are considering sells from 112.80

10 March 2016, USD/JPY

Daily chart: pair is pressed in the medium-term range 112.03-114.68. It has a northern direction so we are waiting for rising to upper line.

We are considering sells from 112.80

Н4: horizontal corridor is more localize into 112.25-114.09

We are considering sells from 112.80

Н1: local support is on 120.80

We are considering sells from 112.80

Expectation: decrease to 112.80 and then rise to 114.09

Trading decisions: buy from 112.80 to 114.09

Aleksey Panasenko
FreshForex Analyst
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