A potential area of supply on Yen - 108.71 | 06 May 2016

06 May 2016, USD/JPY

Daily chart: a continued technical correction in the direction of the middle Bollinger band (108.71). We assume that from this area a new decline towards 105.91 (the bottom band) will start.

Н4: a horizontal corridor within Bollinger envelopes (105.82-107.70). NFP release increases an extent of uncertainty regarding direction of further movement.

Н1: a better shaped flat 106.98-107.46. But we will not count on its reliability, too.

 " - 108.71

Expectations: So, let's not make any guesses on what will happen upon NPF release. But a technically correct scenario suggests a surge to 108.71 and then fall down to 105.51 < / p>

Trading solutions: we shall abstain from trading today or are look for sales around ​​108.71

Aleksey Panasenko
Analista de la empresa" FreshForex
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.