We shall buy from the area 124.20

August 6, 2015

USD/JPY

Daily chart: The pair is obviously aimed towards the upper Bollinger band (125.58)

Í4: local support is based on the middle Bollinger band (124.20)

Í1: the pair has rose on an impressive pair of Pinbar, and we again can expect a rollback to 124.20 zone to make purchases.

Expectations: falling to 124.20 and then rise to 125.58.

Trading solutions:

1) We shall buy from the area 124.20 to 125.58.

Publication source
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