Target is at 125.17 | 31 July 2015

31 July 2015, USD/JPY

Daily chart: the upper Bollinger band rose even higher - at 125.17 and now this mark is an actual target for growth.

Target 125.17

Н4: local resistance is on 124.47

Target 125.17

Н1: confirms resistance at 124.47 and a possible breakout of the upper envelope against this level can take place.

Target 125.17

Expectations: So, we wait for growth to 125.17, but in the area of 124.47 we can probably meet turbulence and a possible rollback.

solutions:

1) We are looking for Buying opportunities around 124.20 targeting at 125.17

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.

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Aleksey Panasenko

FreshForex Analyst

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