Flat day | 07 July 2015

07 July 2015, USD/JPY

Here is a flat day. We recommend to refrain yourself from trading.

Daily chart: triangle range between support 122.09 (the bottom Bollinger band) and resistance from the middle band (123.19) is narrowing.

Flat day

Н4: Weak ADX does not allow us to expect a breakthrough under support area 122.09-122.24.

Flat day

Н1: Flat channel 122.42-122.78


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.
Aleksey Panasenko
FreshForex Analyst
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