Log in

The pair has successfully overcome level (4/8)

20 May 2015, USD/JPY

The pair has successfully overcome level (4/8)

4 hours’ chart of USDJPY. The pair has not only reached its nearest target on the main level of resistance and support but has also overcome it from bottom to top. Moreover, the pair is approaching the level (6/8) and it may serve as stop on the way of a further growth. Once it reaches the point (6/8), we will be waiting for a pullback with the first target based on 4 hours’ line of Supertrend.

Nikolay Krishtopov
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.