We are expecting correction to 115.21 | 26 February 2016

26 February 2016, USD/JPY

Daily chart: technical correction is continue in direction of middle Bollinger line (115.21), probably from this level new medium-term decreasing wave will go to 109.50 (bottom Bollinger line).

We are expecting correction to 115.21

Н4: local north presser is accumulate to 115.21 level across to resistance in 113.30.

We are expecting correction to 115.21

Н1: it is also north potential.

We are expecting correction to 115.21

Expectation: growth in direction of 115.21 line

Trading decisions: buy to 115.21 (reaching this level could last several days).


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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