20 Julio 2016, USD/JPY
Daily chart: active trend ADX indicates readiness of the price to grow and break through the top envelope (resistance 107.07)
Н4: here, as we see, to ADX is not ready for a break through, so the price may be traded within 105.04-106.49. But selling against the day pressure is not recommended.
Н1: a better shaped flat corridor 105.72-106.49
The main scenario - flat 105.72-106.49
The alternative scenario - surge to 107.50
Solutions: look for the upward entry points to 105.72