Log in

Retest of the point (2/8) is expected

09 July 2015, USD/JPY

Retest (2/8) is expected

4 hours’ chart of  USDJPY. The pair continued its decline. Having reached support on the level (2/8), it returned to the bottom. Correction will be over in the resistance area formed by the main level of support and resistance  (4/8) and weekly Supertrend line. After that, we shall expect retest of the point (2/8) and chances are rather good for that.

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.