USDJPY – DownDaily chart: the pair continues to keep moving to the bottom Bollinger band (98.45) Н4: at this local frame, the price is concentrated within Bollinger envelopes (corridor 99.81 – 100.72) Н1: an ambiguous situation. Support 99.81 looks quite robust and tight, but active ADX favors bears, which could allow them to rely on a deeper breakthrough. The main scenario – decline to 99.81 and then rebound towards 100.26 The alternative scenario – fall to 99.45 Trading solutions: the range is not much suitable to open trade, although aggressive sellers can take a chance to open trades up to 99.45
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.