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Decline

Decline | 18 January 2016

18 January 2016, USD/JPY

Decline

The four-hours chart of USDJPY . Flat within the borders of the levels (3/8 and 4/8) has ended. The price has broken the level of (3/8) and now as main option is continuation of the downward movement of the pair. The next target for drop is the level (2/8). This option will be cancelled in the case of consolidation of the pair above the four-hours line of Supertrend.

Trade Solutions: sales from the four-hours line of Supertrend

Nikolay Krishtopov
FreshForex Analyst
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