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Flat

15 January 2016, USD/JPY

Daily chart: the pair is targeting the bottom Bollinger band (116.45), ADX is strong, so in the medium-term we consider only sales.

Flat

Н4: intraday we expect the flat trading range 117.38-118.30.

Flat

Н1: ADX is growing, but has not reached the area of ​​the active trend yet.

Flat

Expectations: flat 117.53-118.00

Trading solutions: Sell after the upward rollback, we assume that it will be fone from the zone 118.00

Aleksey Panasenko
Analyst of «FreshForex» company
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