The pair is within the horizontal channel | 15 January 2016
15 January 2016, USD/JPY
The four-hours chart of USD JPY . Meanwhile the pair still remains within the flat with borders (3/8 - 4/8). Continuation of the price movement within given channel is our major expectation which would be change by breakdown and consolidation of the price on one of the borders of the channel. It would determine direction of the price movement in the near future.
Trading solution: None
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.
