25 July 2016, USD/JPY
Daily chart: the pair tends to dropping to the middle Bollinger band (103.73), whereas the upper band (107.64) also retains a magnetism
Н4: a flat non-directional corridor within the Bollinger envelopes (105.37-107.09)
Н1: a better shaped local support from the lower Bollinger band (105.89)
The main scenario - decline to 105.89 and then a rebound to 106.25
The alternative scenario - fall to 105.37
Solutions: ranges are small, so I suggest omitting the day.
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us