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Flat in the narrow range

24 December 2015, USD/JPY

Daily chart: the bottom Bollinger band (120.38) remains magnetism

Flat in the narrow range

Н4: active ADX, but meanwhile we can interpret its figures both in bullish and bear contexts. Key support - 120.75 (the bottom Bollinger Band). If it is broken, bears will obviously initiate another breakthrough. If we see a rebound - correction to 121.48 (upper Bollinger band) becomes possible.

Flat in the narrow range

Н1: flat status of the frame (120.81-121.05)

Flat in the narrow range

Expectations: flat 120.81-121.05

Trading solutions: Meanwhile we should wait. Or maybe already leave for the holidays

Aleksey Panasenko
Analyst of «FreshForex» company
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