Flat continues | 01 October 2015

01 October 2015, USD/JPY

Flat continues

The four-hours chart of USDJPY . There are still no changes. The pair continues to move within the flat horizontal channel with borders on the main level of support/ resistance (4/8) and the the SuperTrend Day line. There are no signs that the price might exit this channel. So, our task is to monitor.

Trade solutions: sales from the top of the channel and purchase from its bottom.

Nikolay Krishtopov
FreshForex Analyst
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