USDJPY – DownDaily chart: Bollinger bands are continue to narrow, ADX is growthing and that’s a signal for buyers. Current range is located between 104.00 and 105.39 levels. H4: there is a more localized corridor of 104.24-105.39. ADX is weak and the adjustment, so waiting for further build capacity in this range. H1:and note even more localized corridor within the Bollinger envelope – 104.70-105.13. Expectations:So, we looking forward to the continuation of the flat in 104.70-105.13 corridor. Trading solutions: there are two strong support levels at this chart, so look for buy signals near these support levels.
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Forex Technical Analysis: Trend potential – Yen. Flat accumulates some potential
