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Flat 100.02 - 100.43

24 August 2016, USD/JPY

The daily chart: the pair has entered the flat inside bottom Bollinger (98.52-101.65) and yet there is no reason to change this situation.

Н4: a better shaped horizontal corridor within the envelope Bollinger (99.92-100.71 ). Also note the ADX passivity.

Н1: currently trading day's range is 100.02-100.43.

Expectations: flat 100.02-100.43

Solutions: skip a day either run cautious trading within the range of 100.02 - 100.43

Aleksey Panasenko
Analyst of «FreshForex» company
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