Flat day | 27 November 2015

27 November 2015, USD/JPY

Daily chart: the pair consolidated at the middle Bollinger band on yesterday's flat market and we are back at the source point - either bears break the bottom envelope (to 120.71) or bulls finalize the upper band (124.16)

Flat day

Н4: flat range 122.29-122.94

Flat day

Н1: very narrow corridor 122.53-123.64. It is unlikely that the pair will stay in such a narrow range, but anything is possible.

Flat day

Expectations: flat 122.53-123.64. Trading solutions: do not trade.

Aleksey Panasenko
FreshForex Analyst
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