Log in

A drop to 100.59

05 July 2016, USD/JPY

Daily chart: a high probability of touching the lower Bollinger band (100.59). The potential for a further breakthrough is also expressed.

Н4: a strong tendency to break down towards 100.59. ADX is in trending condition, so it is the main scenario for today.

Н1: multiple bars outside of the envelope, it can boost correction as well. But I think that bears have enough potential to finalize 100.59.

Expectations: fall to 100.59

Solutions: sales to 100.59

Aleksey Panasenko
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.