Forexpamm

USDJPY, waiting for sales from 119.15

Daily chart: The top strip of the Bollinger is located at 119.15, which is still the maximum possible goal for bulls. Yesterday’s closure in the form of a bearish inside-bar is an important sign of possible completion of the ascending trend.

N4: Bear maintained divergence with RSI oscillator, which also limits the ascending wave of resistance 119.15, where the merger of the H4 and day medium lines of the Bollinger is passed.

H1: Low Trend Potential ADX says About the high probability of dollar sales from zone 119.15. Purpose of sales – 118.65 and 118.47.

Conclusions: Height to 119.15, then decreased to 118.15.

Trade Solutions: Sales from Zone 119.15 to 118.15.

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