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

Waiting when the price will hit level (8/8)

23 July 2015, USD/JPY

Waiting when the price will hit level (8/8)

4 hours’ chart of  USDJPY. The pair has bounced upward from the the area of resistance formed by day Supertrend line and intermediate level of support (6/8) but faced resistance on the 4 hours’ Supertrend line. So, by the moment, retest of the above-mentioned support area is likely to happen and bounce from that area with a further growth to the level (8/8).

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 .