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Could not break through the level (4/8)

27 January 2016, USD/JPY

Could not break through the level (4/8)

The four-hours chart of USD JPY . The pair failed to break a major support and resistance level (4/8). The orice continues to consolidate below this mark. After another retest of the level (4/8) we can expect resumption of the downward movement. This option will be canceled if the pair consolidates above the level (4/8).

Trading solutions: sales from the level of (4/8)

Nikolay Krishtopov
Analyst of «FreshForex» company
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