Possible growth to 102.48 | 08 أغسطس 2016
08 أغسطس 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
Н4: at this local level, the movement is upward. Zone of possible purchases - 101.35 (middle Bollinger band)
Н1: local resistance is at 102.48 (upper Bollinger band), support is at 101.79
Expectations: touch of 101.79 and then surge to 102.48
Solutions: purchase from 101.79 to 102.48
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.
