Waiting for decline to 122.10

July 3, 2015

USD/JPY

Daily chart: yesterday brought bears' inside bar from the middle Bollinger band, which tells about readiness of the chart to decline down to the bottom Bollinger band (122.10)

Í4: one more return to the upper Bollinger band (123.51) is probable.

Í1: Narrowed Bollinger envelopes anticipate impulse movement.

Expectations: falling to 122.10 probably following to moving to 123.51.

Trading decisions:

1) Keep opened sales to 122.10

2) News sales can be opened following to dash to 123.51.

Publication source
FreshForex information  FreshForex reviews

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