Consider Trading from 110.30 and 111.10 | 07 April 2017

07 April 2017, USD/JPY

Daily chart: flat continues within lower Bollinger envelope (109.11-112.11). ADX is not active but watching the market closely.

Consider Trading from 110.30 and 111.10

Н4: flat corridor is within Bollinger bands range (110.30-111.15). ADX parameters are changing, so the pair is not likely to leave the specified corridor.

Consider Trading from 110.30 and 111.10

Н1: there is a valid flat corridor of 110.30-111.10 (Bollinger envelopes range).

Consider Trading from 110.30 and 111.10

Expectations: price rotation within 110.30-111.15.

Trading signals: consider trading from level of 110.30 and 111.10.

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Aleksey Panasenko
FreshForex Analyst
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