Descending flat | 22 اكتوبر 2015
22 اكتوبر 2015, USD/JPY
The daily chart: the price reached a critical height for a technical upward correction - the middle Bollinger band (119.94), so you can expect beginning of the medium downward wave in the direction of the bottom band (119.06)
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Н4: locally growth potential does not look exhausted, so perhaps the price will test the upper Bollinger band (120.17) before decline.
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Н1: possible flat 119.83-120.04 today
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Expectations: flat 119.83-120.04
solutions: Sales on growth around 120.04-120.17 targeting 119.06 which is likely to be tested on another day
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.
