Flat in the range 113.35-114.16 | 07 March 2016

07 March 2016, USD/JPY

Daily chart: flat continues around the middle Bollinger line (113.74). ADX condition shows that this situation is going take place for the last some time.

Flat in the range 113.35-114.16

Н4: local corridor is limited by the Bollinger envelopes (113.08-114.45)

Flat in the range 113.35-114.16

Н1: flat range 113.35-114.16 is more localized.

Flat in the range 113.35-114.16

Expectation: flat in the range 113.35-114.16

Trading decisions: trade in the range 113.35-114.16

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.

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Aleksey Panasenko

FreshForex Analyst

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