We expect a rebound from the support 117.14 | 14 January 2016
14 January 2016, USD/JPY
Daily chart: there are signs of a further decline in the direction of 116.15
Н4: meanwhile here we have inactive ADX, so scenario of the flat within the range of 117.14-118.37 is possible
Н1: we confirm local support 117.14
Expectations: fall to 117.14 and then correction to 117.45 < / p>
Trading solutions: short term purchases from the zone of 117.14 (it is better to find an upward signal, cause the targets are very small and it is dangerous to take risks against the trend)
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.
