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

Possible growth to 102.48

08 August 2016, USD/JPY

Daily chart: the pair is forming an upward structure as the part of rebound from bottom Bollinger band (100.23), but it happens on corrective ADX. This can lead to a multidirectional movement

Possible growth to 102.48

Н4: at this local level, the movement is upward. Zone of possible purchases - 101.35 (middle Bollinger band)

Possible growth to 102.48

Н1: local resistance is at 102.48 (upper Bollinger band), support is at 101.79

Possible growth to 102.48

Expectations: touch of 101.79 and then surge to 102.48

Solutions: purchase from 101.79 to 102.48

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 .