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Growth from the level of (4/8)

27 October 2015, USD/JPY

Growth from the level of (4/8)

The four-hours chart of USDJPY . Fourhours SuperTrend Line could not hold the pair and was forced down from the top to the bottom. Now we are waiting the price on the main support and resistance level 120.31 (4/8). From this level we can expect beginning of a new upward wave with a view on the main level of resistance (8/8).

Trading solutions: purchase from the level (4/8)

Nikolay Krishtopov
FreshForex Analyst
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