Expecting decline from 120.23 | 09 سبتمبر 2015
09 سبتمبر 2015, USD/JPY
The daily chart: Bulls desperately resists having broken up inside bar yesterday, but the chart is purely top-down, with a view to the lower Bollinger band (117.21)
.png "Expecting decline from 120.23")
Н4: flat corridor within the envelope Bollinger (118.72-120.23)
.png "Expecting decline from 120.23")
Н1: we confirm resistance 120.23, and note two strong local support - 119.74 and 119.00 (upper and lower Bollinger bands).
.png "Expecting decline from 120.23")
Expectations: touch of 120.23 and decline to 119.74 and 119.00.
solutions:
1) Sell from 120.23 and 119.00 и 117.21 (in the middle run)
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
