Selling from 120.77 | 02 September 2015
02 September 2015, USD/JPY
The daily chart: we are still movement down after the current pullback within the framework of potential ADX and inside bar. Goals - 118.41 and then in medium-term - 116.00
.png "Selling from 120.77")
Н4: supply zone - 120.75-121.00. middle Bollinger band)
.png "Selling from 120.77")
Н1: confirm strong resistance at the upper Bollinger band (120.77)
.png "Selling from 120.77")
Expectations: so , we're waiting for the touch 120.77 and then decline to 118.41.
solutions:
1) Selling from 120.77-121.00 to 118.41.
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.
