Flat continues | 13 October 2015

13 October 2015, USD/JPY

Flat continues

The four-hours chart of USD JPY . Here no changes, the pair continues to move within the channel with borders represented by the SuperTrend Day line and the level (2/8). Making predictions on the price movement within the channel is not sensible, therefore, in such situation, the best is to work from the flat borders. Overall flat continues to give no signals about its completion.

Trading solutions: purchase from the level (0/8), sale from the SuperTrend Day line

Nikolay Krishtopov
FreshForex Analyst
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