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Flat is into the range 113.35-114.01

04 March 2016, USD/JPY

Daily chart : we are observing price movement near the middle Bollinger line (113.60) within the wide flat range 111.16-116.47.

Flat is into the range 113.35-114.01

Н4: local price is concentrated in the range of upper envelope 113.60-114.70.

Flat is into the range 113.35-114.01

Н1: corridor is more localized into 113.35-114.01

Flat is into the range 113.35-114.01

Expectation: flat 113.35-114.01

Trading decisions: sell from 114.01 to 113.35

Aleksey Panasenko
FreshForex Analyst
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