Flat in the narrow range | 24 December 2015
24 December 2015, USD/JPY
Daily chart: the bottom Bollinger band (120.38) remains magnetism
Н4: active ADX, but meanwhile we can interpret its figures both in bullish and bear contexts. Key support - 120.75 (the bottom Bollinger Band). If it is broken, bears will obviously initiate another breakthrough. If we see a rebound - correction to 121.48 (upper Bollinger band) becomes possible.
Н1: flat status of the frame (120.81-121.05)
Expectations: flat 120.81-121.05
Trading solutions: Meanwhile we should wait. Or maybe already leave for the holidays
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.
