Flat is into range 112.35-113.11 | 22 February 2016
22 February 2016, USD/JPY
Daily chart: Bollinger Envelopes are expanding and ADX is active that is why bears can expect decrease in bottom line (110.41)
Н4: local flat range is 112.35-113.50
Н1: horizontal Bollinger Envelopes and weak ADX. Intraday we are expecting flat in ranch of 112.35-113.12.
Expectation:: flat is 112.35-113.11
Trading decisions: trading in corridor 112.35-113.11.
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.
