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Flat 124.17-124.52

17 August 2015, USD/JPY

The daily chart: a horizontal channel 123.36-125.00. Very weak ADX parameters indicate that the channel will continue to accumulate volumes in itself. General visual nature of consolidation - North.

Flat 124.17-124.52

Н4: the price is hesitating within range in the bottom envelope and it is likely that the pair will remain inside it - 123.82-124.52.

Flat 124.17-124.52

Н1: intraday flat in the corridor 124.17-124.52.

Flat 124.17-124.52

Expectations: Flat 124.17-124.52

solutions:

1) Skip the day

Aleksey Panasenko
FreshForex Analyst
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