16 July 2015, USD/JPY
Daily chart: yesterday bulls have implemented their potential so now that have chances to work on the upper Bollinger band (124.67)
Н4:support is on 122.35 (the middle Bollinger band ),significant resistance on 124.14
Н1: here is a local weakening conveyed by divergency.
Expectations: growth to 124.14 and then a pullback down to 122.35
Trading decisions:
1) If we have short signals around 124.14 – we sell to122.35