Marginal range for growth 124.15-124.58 | 29 May 2015
29 May 2015, USD/JPY
Daily chart: The pair is getting for correction in the direction of the middle Bollinger band . Upon that, an upward movement was notable, so to sell, one need to receive an additional signal.
.png "Marginal range for growth 124.15-124.58")
Н4: the upper Bollinger band - 124.58.
.png "Marginal range for growth 124.15-124.58")
Н1: Even a better shaped resistance - 124.15. Support is represented by 123.57
.png "Marginal range for growth 124.15-124.58")
Expectations: growth to the area 124.15-124.58 and then a pullback in the direction 123.57
Trading decisions:
1) Sales from 124.15-124.58 to 123.57
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.
