We are considering sells from 112.80 | 10 March 2016

10 March 2016, USD/JPY

Daily chart: pair is pressed in the medium-term range 112.03-114.68. It has a northern direction so we are waiting for rising to upper line.

We are considering sells from 112.80

Н4: horizontal corridor is more localize into 112.25-114.09

We are considering sells from 112.80

Н1: local support is on 120.80

We are considering sells from 112.80

Expectation: decrease to 112.80 and then rise to 114.09

Trading decisions: buy from 112.80 to 114.09


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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