Weekly reviews

USDJPY market technical outlook

USDJPY

Analysis method - “Trend’s Potential”

July 21, 2018

 

Weekly chart: Scenario of decline start from the area of upper Bollinger band (112.82) is on the cards now. Thus, we can expect continuation of downward slope in direction of middle Bollinger band (108.62).


Expectations: Decline in direction 108.62.

Trading recommendations: Search for local sell signals in direction 108.62.