Author - Dyachenko Anton

Contrary to the expectations of the correctional decline, the price continues to grow confidently. At the same time, each step brings the opposite movement.

Dollar experiencing small problems with regard to European currencies, which suddenly decided to start strengthening, rushing against the yen. The Japanese currency rapidly learn the positions and the movement of the observed pair looks impressive.

Daily chart: The lower band of the Bollinger fell even lower, under the round level 1.0800, which makes this zone key target for medium-term sellers.

Daily chart: Very high volatility Yesterday did not change the general medium-term picture – the steam remains within the limits of horizontally oriented Bollinger envelopes (114.46-115.87).

Daily chart: Bulls were able to post the day before yesterday’s bearish inner bar, which let them count today on the attack zones 119.50 and 120.00.