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

Still consolidating in a very narrow range

16 June 2015, USD/JPY

Still consolidating in a very narrow range

4 hours’ chart of USDJPY. For the last 24 hours, no changes has been noted on the chart. The price is still consolidating in a very narrow range on the level (6/8). Core option is the same, we are waiting for decline of the price down to the main level of support and resistance(4/8). But we still note that uncertainty is rather high now and probability of renewal of ascending movement is also very high.

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 .