Purchases from 123.72 are possible

June 24, 2015

USD/JPY

Daily chart : Pressure to 125.10 continues, where we are waiting the start of a decline with the first targets based in the area 122.43.

Í4: a strong local pressure of bulls. Resistance in 124.26. Support for a possible pullback and purchases - 123.42 (the middle Bollinger band ).

Í1: Support 123.72.

Expectations: waiting when the price hits 123.72 and gets up to 124.26 with the target125.10.

Trading decisions:

1) Purchases from 123.72 to 124.26 and 125.10.

Publication source
FreshForex information  FreshForex reviews

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