USDJPY – DownDaily chart: it seems that upward correction is almost over. The correction reached middle Bollinger band region. Here we have a good spot to start decline towards 113.25 (lower band) Н4: strong resistance level in 115.43 region (upper Bollinger band) shows distinct potential for the downside yet meeting the expectations of decline within daily chart scenario. Н1: we are observing local bearish Over&Under pattern starting from 115.43 region. One may sell setting a good stop over the last maximum. Expectations: another touch in 115.43 region and then decline towards 113.25 Solutions: consider selling from 115.43 to 113.25
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