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Retest of the level (4/8)

13 January 2016, USD/JPY

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Retest of the level (4/8)

The four-hours chart of USD JPY . After an extended consolidation, the pair broke the four-hours SuperTrend line upwardsand thereby cancelled the scenario of downward movement. At the moment, we can expect touch of the main support and resistance level (4/8), and rebound from this level.

Trading solutions: None

The four-hours chart of USD JPY . After an extended consolidation, the pair broke the four-hours SuperTrend line upwardsand thereby cancelled the scenario of downward movement. At the moment, we can expect touch of the main support and resistance level (4/8), and rebound from this level.

Trading solutions: None

Nikolay Krishtopov
FreshForex Analyst
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