The corridor 124.30-124.78 | 11 August 2015

11 August 2015, USD/JPY

The corridor 124.30-124.78

Daily chart: bulls dominated yesterday but there was no ADX support yet, so there is an unbreakable resistance 124.85 (the upper Bollinger band).

The corridor 124.30-124.78

Н4: flat corridor 124.20-124.96

The corridor 124.30-124.78

Н1: more local flat - 124.30-124.78

The corridor 124.30-124.78

Expectations: trade in the corridor 124.30-124.78

Trading solutions:

1) buy below from 124.30

Aleksey Panasenko
FreshForex Analyst
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