Purchases from 123.72 are possible | 24 June 2015

24 June 2015, USD/JPY

Daily chart : Pressure to 125.10 continues, where we are waiting the start of a decline with the first targets based in the area 122.43.

Purchases from 123.72 are possible

Н4: a strong local pressure of bulls. Resistance in 124.26. Support for a possible pullback and purchases - 123.42 (the middle Bollinger band ).

Purchases from 123.72 are possible

Н1: Support 123.72.

Purchases from 123.72 are possible

Expectations: waiting when the price hits 123.72 and gets up to 124.26 with the target125.10.

Trading decisions:

1) Purchases from 123.72 to 124.26 and 125.10.


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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