Suspense | 27 October 2015
27 October 2015, USD/JPY
The daily chart: inside bar at the end of the upward swing, so with equal probability the price can start a downward swing (in the direction of 119.40) either bulls will start new actions towards 123.00
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H1: to establish themselves in the ascending structure, buyers need to break the last top (121.48)
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Expectations:
1) growth from current levels and breakdown 121.48 with an eye to 123.00. 2) With the leave under 120.56 - correction down by another 100 points to 119.40
solutions 1) Purchases to 123.00. 2) Sales aimed at breakdown of 120.56 to 119.40
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.
