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We are waiting for the price on the level (2/8)

20 January 2016, USD/JPY

We are waiting for the price on the level (2/8)

The four-hours chart of USD JPY . The pair broke through the four-hours line of Supertrend, but failed to gain a foothold above it and bounced down. Now the pair went to the level (2/8), we expect it to reach this mark soon. This option will be cancelled only in the case of consoludation of the pair above the four-hours line of Supertrend.

Trading Solution: None

Nikolay Krishtopov
FreshForex Analyst
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