Will news break bullish preparation? | 03 6月 2016

03 6月 2016, USD/JPY

Daily chart: the price is dropping to the dynamic support - bottom Bollinger band (107.29), from where we expect a pullback towards 109.32 and focus at 111.31.

Н4: Bollinger envelopes remain the descending format, so without finalization of 108.00 we are not no waiting for any upward pullbacks.

Н1: we remember about bullish convergence of oscillator, that is to say, markets for some time are preparing for the upward reversal. Will NPF break bullish preparation? We will see. So far, accumulation corridor 108.55-109.08.

Expectations: technically the pair is preparing for the upward reversal within the range 108.55-109.08. Therefore, purchases on downward impulses are more than justified. But remember about NFP.

Trading solutions: either do not trade or looking for purchases on drop to 108.00.

Aleksey Panasenko
FreshForex公司的分析员
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus