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

The pair has reversed on the level (7/8)

25 June 2015, USD/JPY

The pair has reversed on the level (7/8)

4 hours’ chart ofUSDJPY. For the second time, the pair has bounced from reversal level 1.2422 (7/8). Usually, if the price reverses from this point,The nearest target is based on the main level of support and resistance 1.2188 (4/8). This scenario will be cancelled by a break and consolidation of the pair above the point (7/8).

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 .