FreshForex - Analytics

    FreshForex

    613.75 7.75/10
    65% of positive reviews
    Real

    Yen

    Daily chart: the pair tends to finalize the lower band (101.03), where it can face demand in usd and the upward rebound in the direction of the middle Bollinger band (104.92)

    Yen

    Н4: a very narrow corridor within Bollinger envelopes(102.20-103.06)

    Yen

    Н1: a little better shaped support 102.38 (lower Bollinger band). Resistance is at 102.61 (middle band)

    Yen

    Expectations: so, we expect the flat character of movement with support between ​​102.20-102.38 and resistance 102.61

    Solutions: Is it worth buying on a possible 40 points' surge from 102.20 - it's up to you to decide. But classic canons of conservative trading recommend us skipping this day


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