Yen. Positional advantage of bulls | 08 June 2016
08 June 2016, USD/JPY
Daily chart: ADX is very close to the active zone, so the support 106.72 may be under stress. And the Bollinger envelopes are stable, that may indicate the potential demand for the dollar in the zone of 106.72. 
H4: trend figures are at ADX. If bulls cope with the middle Bollinger band (107.49), we will see growth by 100 points to the upper band. 
H1: a wide range within the Bollinger envelopes (106.72-107.79). ADX is corrected.
Expectations: The main scenario: a wide flat 106.72-107.79 The alternative scenario: growth to 108.55. Trading solutions: buy in the zone 106.72 (if it will be) to 107.79 and 108.55.
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.
