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Flat day

07 July 2015, USD/JPY

Here is a flat day. We recommend to refrain yourself from trading.

Daily chart: triangle range between support 122.09 (the bottom Bollinger band) and resistance from the middle band (123.19) is narrowing.

Flat day

Н4: Weak ADX does not allow us to expect a breakthrough under support area 122.09-122.24.

Flat day

Н1: Flat channel 122.42-122.78

Aleksey Panasenko
FreshForex Analyst
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