We sell to 123.37 | 02 June 2015
02 June 2015, USD/JPY
Daily chart: it seems that we may soon see a full-scale correction in the direction of the middle Bollinger band (121.16)
.png "We sell to 123.37")
Н4: Divergence of oscillator also speaks for South. Suppoert in the area of the bottom Bollinger band (123.37) can create a bounce, but anyway bears will continue to develop their success.
.png "We sell to 123.37")
Н1: even a better shaped support in the area of "round level" 124.00
.png "We sell to 123.37")
Expectations: decline to 124.00 and then to 123.37
Trading decisions:
1)We sell on upward bounces (perhaps, from 124.50) to targets 124.00 and 123.37
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.
