Sandwiched between 123.04 and 123.51 | 03 December 2015

03 December 2015, USD/JPY

Daily chart: the pair is clamped within the upper Bollinger envelope (122.83-123.80)

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Sandwiched between 123.04 and 123.51

Н4: localized support at the middle Bollinger band (123.04). Resistance - 123.43

Sandwiched between 123.04 and 123.51

Н1: the same picture. 123.04-123.19 support zone, a zone of resistance 123.43-123.51

Sandwiched between 123.04 and 123.51

Expectations: touch of 123.04-123.19 and bounce up to 123.43-123.51.

Trading solutions: purchase from 123.04 to 123.51


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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