USDJPY – Trading range 144.40-144.78

06.10.2022

Daily: The pair remains within the upper Bollinger envelope (143.76-145.28), no signs of an exit from this trend yet.

H4: The local sideways trend looks very stable, the Bollinger Bands remain horizontal in the range of 144.00-145.15, which is a flat sign.

H1: As we can see, all the timeframes show the flat trend. Accordingly, the forecast for the day is also flat.

Conclusions: The market is sideways in the range 144.40-144.78.

Trading decisions: Trades in the range 144.40-144.78.