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The pair is testing the level (0/8)

15 October 2015, USD/JPY

The pair is testing the level (0/8)

The four-hours chart of USDJPY . The pair is currently testing the lower bourder of the flat, which has been for quite a long time. It is too early to talk about completion of the flat, because at the moment the level (0/8) continues to hold the price and only after breakdown and consolidation of the price below this mark we can talk about its exit out of the horizontal channel.

Trading solutions: purchase from the level (0/8)

Nikolay Krishtopov
FreshForex Analyst
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