Side diapason is preparing to decrease | 18 February 2016
18 February 2016, USD/JPY
Daily chart: medium-term tendency is decreasing to 111.76 (bottom Bollinger line).
Н4: Bollinger envelopes are getting narrow in range 113.37-114.69.
Н1: more localized resistance located in area of upper Bollinger line (114.35). Support is 113.73 (bottom line ).
Expectation: flat 113.73-114.35
Trading decisions: looking for signals for selling from area 114.35-114.69 to 113.73.
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.
