FreshForex - Analytics


    622.75 7.75/10
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    Two scenarios for the yen

    Daily chart: an impressive resistance at the middle Bollinger band (118.49), from where the pair may drop to ​​O&U (116.50)

    Н4: the upper Bollinger band (119.25) looks unfinished, support is at the middle band (117.84)

    Н1: intraday flat 118.23-118.49 is likely to be


    The main scenario - flat 118.23-118.49

    The alternative scenario - finalization of 119.25 zone (in case of drop to 117.84)

    Trading solutions: under the alternative scenario - purchases from 117.84 to 119.25

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