Flat day

August 3, 2015

USD/JPY

Daily chart flat state of ADX and Bollinger envelopes say that the pair will spend the day (and the nearest time) within the present range: the upper envelope (123.39-125.17)

Í4: ëîêàëüíîå ñîïðîòèâëåíèå íà 124.43

Í1: and even more localized level resistance (124.26, the upper Bollinger band).

Expectations: touch of 124.26 and falling to 123.94.

Trading solutions:

1) We shall either refrain from trading today, or sell from 124.26, without expecting to get global profit.

Publication source
FreshForex information  FreshForex reviews

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