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

Continuation of the downward movement is expected

24 August 2015, USD/JPY

Continuation of the downward movement is expected

The four-hour chart of USDJPY . The pair continued to decline, and has not only reached the its nearest goals on the main support and resistance level (4/8), but has easily overcame it from top to bottom. At the moment, decline to the level (2/8) is our main expectation, then you can expect to a pullback of the price in the upward direction. Alternatively,flat (3/8 -5/8), since we already have received certain signs.

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 .