Flat | 25 Junio 2015
25 Junio 2015, USD/JPY
Daily chart: looks very much alike triangle and is close to an outcome. We still can expect the pair to be based on 125.10, to sell from there based on O&U.
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Н4: Weak ADX, resistance 124.46, support 123.59
.png "Flat")
Н1: a better shaped resistance on 123.88 (the middle Bollinger band).
.png "Flat")
Expectations: touch of 123.88 and decline to 123.59. We can call it flat.
Trading decisions:
1) Don't trade. Waiting when we have the chance to sell from 125.10, which is not expected today.
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.
