05 Octubre 2015, USD/JPY
The daily chart: the pair has preserved horizontal flat channel 119.27-120.91, but it must be noted that it is bought on declines.
Н4: more localized flat range 119.43-120.32
Н1: the same limits of the flat as on Н4, but too active ADX. There is a possibility that the bulls will arrange the start up without a new decline.
Expectations:
1) decline to 119.27 and then splash to north to 120.32
2) Direct growth to 122.00
solutions:
1) We wait with purchases around 119.27. Goals - 120.32 and 122.00 (extraday)