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Rebound from the level (4/8)

10 December 2015, USD/JPY

Rebound from the level (4/8)

The four-hours chart of USD JPY . The pair left the horizontal canal and crossed its bottom border. Currently the pair has stopped at the level of (2/8). This is the level of medium strength and is unable to stop strong trend movement, so in the medium term the price is expected to break this mark from the top to the bottom. At the moment, we waiting for a downward rebound from the level (4/8).

Trade solutions: sales from the level of (4/8)

Nikolay Krishtopov
Analyst of «FreshForex» company
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