FreshForex - Analytics

    FreshForex

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    Yen. 200 upward pips on correction

    Daily chart: it is active phase of breakthrough bottom Bollinger Envelope with rising ADX presser. In this situation it is big possibility of tern to middle line (109.20), where most perspective medium-term down exits locate.

     Yen. 200 upward pips on correction.

    Н4: high oversold but bearish impulse has potential.

     Yen. 200 upward pips on correction.

    Н1: mark potential bottom it is 106.01 (bottom Bollinger Band and round level). Resistance is on 108.06 (middle Bollinger Band).

     Yen. 200 upward pips on correction.

    Expectation: decrease to 106.01 and bounce up to 108.06

    Trading decisions: buy from 106.01 to 108.06.


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