Technical analytics

USDJPY market technical outlook

USDJPY

Analysis method - “Trend Potential” June 13, 2018

Daily chart: Buyers’ trending pressure on the pair allows to reckon on move towards the area of upper Bollinger band (111.26).

H4: Widening of Bollinger bands and active trending ADX. Longs only.

H1: Aggressive state of ADX indicator as well. We expect reach of the 111.26 handle today.

Expectations: Growth towards 111.26.

Trading recommendations: Longs towards 111.26.

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