Log in

Growth is expected

23 December 2015, USD/JPY

Growth is expected

The four-hours chart of USDJPY . The price has made another attempt to continue its downward movement and bounced up off the reversal level (1/8). It is too early to say about reversal, because we have no confirmation in the form of consolidation above the four-hours SuperTrend line. Nevertheless, at present the highest priority is growth of the pair to the level of (4/8). If the price gets below the level of (1/8), this option will be cancelled.

Trading solutions: purchase from current levels

Nikolay Krishtopov
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.