14 August 2015, USD/JPY
Daily chart: the pair entered the flat corridor 123.36-125.00, and we can’t ignore the northern direction of the pressing.
Н4: the local tend to the decline till 123.90 (the bottom Bollinger band)
Н1: very narrow corridor 124.33-124.49. It is not clear how the pair will stay in such narrow corridor but the ADX state shows it.
Expectations: either we will see the narrow flat 124.33-124.49, or the pair will go down to 123.90.
1) Miss this day till tomorrow or monitor for the probable signal to buy from 123.90.
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us