Flat 124.17-124.52 | 17 August 2015
17 August 2015, USD/JPY
The daily chart: a horizontal channel 123.36-125.00. Very weak ADX parameters indicate that the channel will continue to accumulate volumes in itself. General visual nature of consolidation - North.
.png "Flat 124.17-124.52")
Н4: the price is hesitating within range in the bottom envelope and it is likely that the pair will remain inside it - 123.82-124.52.
.png "Flat 124.17-124.52")
Н1: intraday flat in the corridor 124.17-124.52.
.png "Flat 124.17-124.52")
Expectations: Flat 124.17-124.52
solutions:
1) Skip the day
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.
