We are waiting for the price on the level (0/8) | 04 January 2016

04 January 2016, USD/JPY

We are waiting for the price on the level (0/8)

The four-hours chart of USDJPY . The increase in volatility led to Murrey levels being redrafted, they are significantly expanded. At the moment, after breakdown of the level (2/8), the pair continued to move down. There are no obstacles on this way. So we expect the price to reach the main support level (0/8) in the near future.

Trading Solution: None

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Login
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 .