Flat 112.19-112.61 | 01 April 2016
01 April 2016, USD/JPY
Daily chart: flat corridor within the Bollinger envelope (111.54-114.21, yellow area). So far, no signs telling about possible change of the trend in the trend.
Н4: on the local level, the pair retains southern orientation within the bottom Bollinger envelope.
Н1: the intraday flat narrow corridor 112.19-112.61. ADX shows some activity, but the trend is still far away
Expectations: Now we are waiting for continuation of the flat 112.19-112.61
Trading solutions: Looking for sales 112.61-112.81 with the medium-term target 111.82.
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.
