Equally possible outcomes | 13 July 2015

13 July 2015, USD/JPY

Daily chart: bulls are active and threat to break a descending trend. Bears are protective themselves around 123.72. If buyers break it, quotations may get up to the upper Bollinger band(124.40)

Equally possible outcomes

Н4: the same conclusions. Bulls claim to break 123.72, though scenarious are equally probable. .

Equally possible outcomes

Н1: local control support 122.76 (middle Bollinger band). Here is a third Bar outside envelopes and it speaks in favor of sellers.

Aleksey Panasenko
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Login
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .