Flat in the corridor 124.17-124.55 | 18 August 2015
18 August 2015, USD/JPY
The daily chart:a continued flat of the pair within the Bollinger envelope (123.36-125.00). ADX is passive, so there is no reason to change this trend.
.png "Flat in the corridor 124.17-124.55")
Н4: here we have a localized flat channel 124.17-124.55.
.png "Flat in the corridor 124.17-124.55")
Н1: similar situation. Increased activity of ADX, which is now corrected, allows to expect a surge up from 124.17.
.png "Flat in the corridor 124.17-124.55")
Expectations: touch of 124.17 and growth to to 124.55.
trading solutions:
1) Purchases from 124.17 to 124.55.
flatThe 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.
