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The price shall consolidate above the level (4/8)

28 January 2016, USD/JPY

The price shall consolidate above the level  (4/8)

The four-hours chart of USD JPY . The pair failed to break and consolidate below the four-hours SuperTrend line and bounced up from it. In the near future, it is likely to be broken from the bottom to top, which will provide new targets for growth of the pair. The next target will be the Weekly SuperTrend line.

Trading solutions: purchase from the four-hours Supertrend Line

Nikolay Krishtopov
Analyst of «FreshForex» company
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