USDJPY – Flat Forecast

20.06.2022

Daily: The upper Bollinger band, as an important dynamic target level, is located at the level of 137.65. There is a very high chance of seeing a couple here in the next few days.

H4: A protracted process of consolidation within the upper Bollinger envelope (134.11-135.96) amid relatively low ADX trend activity.

Н1: Let’s locate a potential intraday trading range within horizontally oriented Bollinger bands (134.55-135.34). The forecast is flat.

Results: Flat in the range of 134.55-135.34.

Recommendations: Buying from the zone 134.55 to 135.34.