manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Wait the price to hit level (4/8)

11 June 2015, USD/JPY

Wait the price to hit level (4/8)

4 hours’ chart ofUSDJPY. Following to a rather strong decline, the pair is going through correction. The nearest target for correction is the part between 4 hours' Supertrend line and the level (6/8). We can expect that the price will fall from this level with the target based on the main level of support and resistance (4/8). As long as the price is under (6/8), we cannot consider possibilities of renewal of growth.

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .