To the North | 06 اكتوبر 2015
06 اكتوبر 2015, USD/JPY
The daily chart: Meanwhile the price preserves flat status within the Bollinger envelopes (119.45-120.87), but we cannot ignore that overall accumulation aims to the north.
.png "To the North")
Н4: strong ADX indicates readiness of bulls attack more, but before that the middle band can be tested.
.png "To the North")
Н1: more localized support to the middle Bollinger band (120.22), where bulls can start to attack 120.58 resistance and above
.png "To the North")
Expectations: pullback to 120.22 and then a new phase of growth to 121.87, 122.00
solutions:
1) Buy from 120.20 to 121.87 and 122.00
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.
