Premarket view on the yen | 04 Enero 2016
04 Enero 2016, USD/JPY
Daily chart: there is some focus on the bottom Bollinger band (119.59)
Н4: accumulation of potential within the horizontal band 120.27-120.59 with a noticeable Southern preparation.
Н1: southern rounding of the envelopes. Maybe some trading will be in the range of 120.27-120.43, the pair can fall into the 119-th figure
Expectations: drop to 119-th figure.
Trading solutions: sales from 120.43 to 119.59
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.
