Waiting for correction to 123.00 and new decline | 06 Juli 2015
06 Juli 2015, USD/JPY
Daily chart: the bottom Bollinger band has been successfully reached, whereupon that chart corrected towards the middle band (123.35)
.png "Waiting for correction to 123.00 and new decline")
Н4: one more resistance around the upper Bollinger band (123.51)
.png "Waiting for correction to 123.00 and new decline")
Н1: intermediate resistance around 123.00.
.png "Waiting for correction to 123.00 and new decline")
Expectations: Waiting for correction to 123.00 and new decline down to 122.29
Trading decisions:
1) sell from 123.00 to 122.29
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.
