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

H1: to establish themselves in the ascending structure, buyers need to break the last top (121.48)

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

Aleksey Panasenko
FreshForex Analyst
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