Weekly reviews

USDJPY market technical outlook

USDJPY

Analysis method - “Trend Potential” June 9, 2018

Weekly chart: Trading within the range of upper Bollinger bands (108.22-111.80) continues. ADX is in the trending zone, but it is falling so far. Therefore flat scenario will dominate.

chart

Expectations: Flat inside the range 108.22-111.80.

Trading recommendations: Search for trades inside corridor 108.22-111.80.