We shall buy around 113.47 | 15 February 2016
15 February 2016, USD/JPY
Daily chart: the last week was closed with a well-shaped bullish Inide Bar, so we are waiting for correction in the direction of the middle Bollinger band (117.16)
Н4: local resistance from the horizontally located upper Bollinger band (115.17)
Н1: support is based at 113.46 (middle Bollinger band), we consider buying in this area.
Expectations: pullback to 113.46 and then beginning of a new growth to 115.37
Trading solutions: purchase from 113.46 to 115.37
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.
