USDJPY – DownDaily chart: the pair continues to decline towards a well expressed support around 98.97, which the last time provided more than 700 points up. Н4: a local bearish pressure with the breakdown of the bottom Bollinger envelope. Н1: Multiple bars outside envelopes anticipate a reversal. We expect an upward rollback to the middle Bollinger band (100.97), from where bears are likly to finalize zone 99.00. Expectations: now we are waiting for an upward rollback to 100.97 and then start a new decline to 99.00 Solutions: 1. Buy to 100.97 2. Sell from 10.97 to 99.00
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.


