manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Two digits before the decimal point - is real.

28 June 2016, USD/JPY

Daily chart: the downward potential of the pair is exhausted - Bollinger envelopes continued to fall. At the same time, the pair has a space for correction (up to the middle band 106.12)

Н4: a more precise and localized trading range - resistance is at 103.10 (middle Bollinger band), support is at 99.90 (lower band).

Н1: a completely passive movement within the frame - 101.44-102.19.

The main scenario - flat 101.44-102.19

The alternative scenario - decline to 99.90 (possibly, after touch of 103.10)

Trading solutions: So, we're looking to the selling options to 99.90. The areas for possible sales (where to search for Sell signals) - 102.19 and 103.10.

Aleksey Panasenko
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .