We shall buy to 125.09

July 30, 2015

USD/JPY

Daily chart: the pair has predictably broken Inside bar up and now is moving to the upper Bollinger band (125.09) (125.09)

Í4: we have the Northern dynamics here as well. Probably, the pair will roll back to the middle band(123.66), from where you can enter the purchases.

Í1: support much more localized - 123.94.

Expectations: So, we are waiting for leap up, then a roll back to 123.94, whereupon bulls will drag the price to 125.09.

Trading solutions:

1) We shall buy from 123.94 to 125.09

Publication source
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