Forexpamm

USDJPY, growth to 115.81

Daily chart: The pair fastened well in the top envelope of the Bollinger, so nothing prevents the quotes to continue growth towards the upper limit of the range (116.28).

N4: The nearest strong local resistance will be encountered at the level of the top strip of the Bollinger (115.81). We also note quite strong overbought.

H1 : The first signs of divergence with the RSI oscillator. Thus, you can expect a pair in zone 115.81, after which, most likely, a correction will occur.

Conclusions: Height to 115.81, then rollback to 115.50.

Trademarks:

1. Shopping to 115.81.

2. Sales from 115.81 to 115.50.

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