Retest of the level (0/8)

05 January 2016, USD/JPY

Retest of the level (0/8)

The four-hours chart of USD JPY . The goal on the main support level (0/8) has been achieved. The pair bounced off this level upwards, but in the near future we can expect retest of this level. The nearest resistance line is represented by the four- hours SuperTrend Line, from which we expect a downward bounce.

Trading Solutions: None

Nikolay Krishtopov
FreshForex Analyst
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