Descending flat | 29 December 2015

29 December 2015, USD/JPY

Daily chart: the pair clearly shows a tendency to get lower. The nearest goal - bottom Bollinger band (119.64)

Descending flat

Н4: one more support - 120.11. ADX in the active zone and the price can get further down.

Descending flat

Н1: flat corridor 120.25-120.57

Descending flat

Expectations: flat 120.11-120.57

Trading solutions: sales from 120.57 to 120.11 and below (for extraday traders)


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
Close
Login