Flat 100.02 - 100.43 | 24 August 2016

24 August 2016, USD/JPY

The daily chart: the pair has entered the flat inside bottom Bollinger (98.52-101.65) and yet there is no reason to change this situation.

Н4: a better shaped horizontal corridor within the envelope Bollinger (99.92-100.71 ). Also note the ADX passivity.

Н1: currently trading day's range is 100.02-100.43.

Expectations: flat 100.02-100.43

Solutions: skip a day either run cautious trading within the range of 100.02 - 100.43


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.
Aleksey Panasenko
FreshForex Analyst
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