Flat 123.85-124.15 | 23 July 2015

23 July 2015, USD/JPY

Daily chart: waiting for support around the middle Bollinger band (123.21), from where bulls can attempt to grow to 124.96 (the upper band)

Flat 123.85-124.15

Н4: a better expressed support on 123.63.

Flat 123.85-124.15

Н1: even a better expressed support on - 123.85. Resistance is on 124.15,

Flat 123.85-124.15

Expectations: slipping down to 123.85 and growth to 123.15.

Trading decisions:

1) Buying from 123.85. Range is limited, but we can support a trade to 124.96 in the middle term


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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