Sell to the 118th figure | 14 September 2015

14 September 2015, USD/JPY

The daily chart: a good inside bar at the end of the upward swing against lowering peaks is an excellent good opportunity for sales on the trend down, based on the medium-term decline under the last two bottoms - 118.59 and 116.16

Sell to the 118th figure

H1 chart: Bears struck a good bull pin, so we can expect continuation of the downward swing that converges with the strategy on the daily swing.

Sell to the 118th figure

Expectations: so, we expect decline under 119.97 with an eye to 118.89.

solutions: We sell to 118.89 and in the medium-run to 116.00

Aleksey Panasenko
FreshForex Analyst
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