USDJPY – DownDaily chart: very active trend ADX favors buyers, who now have a chance and space to attack up the medium-term target 106.55. Н4: a well expressed divergence of the oscillator, on the one hand, anticipates a downward correction, but on the other hand, tells us that new highs can be finalized before the pullback. Intermediate resistance is at the upper Bollinger band (104.42) Н1: the upper Bollinger band is looking upward, confirming preservation of bullish potential, and points to 104.59, which will be the target. Support is at the middle Bollinger band (103.90) Expectations: growth to 104.59 and then a downward correction towards 103.90 Solutions: sale from 104.59 to 103.90
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
https://freshforex.com/analitics/fresh-forecast/potencial/issue_83585.html?utm_source=rssfeed&utm_medium=rss&utm_campaign=rssnews&ff_mrk=rss&aff=64063