Technical analytics

USDJPY market technical outlook

USDJPY

Analysis method - “Trend Potential” June 22, 2018

Daily chart: Trading inside the range of upper Bollinger bands (109.82-111.00) continues.

H4: More localized horizontal flat corridor 109.66-110.59 (Bollinger bands).

H1: Area of local trading is within Bollinger bands (109.73-110.30). All three time-frames have flat mode of ADX.

Expectations: Flat in the 109.73-110.30 range.

Trading recommendations: Trading in the corridor 109.73-110.30.

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