26 Enero 2016, USD/JPY
Daily chart: an impressive resistance at the middle Bollinger band (118.49), from where the pair may drop to O&U (116.50)
Н4: the upper Bollinger band (119.25) looks unfinished, support is at the middle band (117.84)
Н1: intraday flat 118.23-118.49 is likely to be
Expectations:
The main scenario - flat 118.23-118.49
The alternative scenario - finalization of 119.25 zone (in case of drop to 117.84)
Trading solutions: under the alternative scenario - purchases from 117.84 to 119.25