Forexpamm

USDJPY, residual upward potential

daily graph : Outside the upper envelope of the Bolinger, there are already two bars, which forms the prerequisites for the turn down by the end of the current week.

N4 : strong dynamic resistance can be found in zone 149.70 (upper line of the Bolinger). Pare support is provided at 148.62.

N1 : the extremely low trend potential limits volatility today within 30 points (149.01-149.29).

Conclusions : Flet in the range 149.01-149.29.

Trade decisions : purchases from zone 149.01 to 149.29, with the possibility of holding positions by 149.70.