Flat 110.97-111.47 | 27 أبريل 2016
27 أبريل 2016, USD/JPY
Daily chart: the pair is in the flat at the middle Bollinger band (110.25), which is very frustrating on such a broad flat range (107.21-113.19). No ideas for trading within that frame.
Н4: Today a local resistance may be arranged at 112.12 (the upper Bollinger band). If it manifests itself in full, we will get a downward sliding towards 110.25 and 109.73.
Н1: a horizontal non-directional corridor 110.97-111.47 (Bollinger envelopes). It is likely that the day will be spent within this corridor.
Expectations: flat 110.97-111.47
solutions: cautious sales from 111.47 to 111.00
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
