Control range 125.00-125.72 | 08 June 2015

08 June 2015, USD/JPY

Daily charts: today, bears are working on correction, but the upper Bollinger band has rocketed to 126.33. So, a general ascening determination has been preserved. Touch of this area will enable hit of the middle Bollinger band (122.22).

Control range 125.00-125.72

Н4: here everything is better for sellers - a divergency of oscillators has been received and the price actively moves to break through below the middle Bollinger band (124.62) in the direction of 123.76

Control range125.00-125.72

Н1: Support at 125.03 can make the price bounce to 125.72.

Control range 125.00-125.72

Expectations: hitting 125.03, bounce to 125.72 and decline to 124.62

Trading decisions:

1) Or wait for clear signals or aggressive trades with minor Stops from 125.00 up and from 125.72 down.


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.
Aleksey Panasenko
FreshForex Analyst
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