We shall buy after a rollback to 124.25 | 17 August 2015

17 August 2015, USD/JPY

The daily chart: rising structure is being formed, for which the bulls need not to lose the bottom 123.00 and create a downward swing, followed by a break of the last Top 125.25.

We shall buy after a rollback to 124.25

H1 chart: here we have the similarity of the triangular consolidation. Looking for long-signals in the area of ​​124.25 with stops under 124.05.

We shall buy after a rollback to 124.25

Scenarious: decline to 124.25 and then growth above 125.05

Solutions:

1) Purchase from 124.05 to 125.50.

Aleksey Panasenko
FreshForex Analyst
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