Wait for decline
02 February 2016, USD/JPY
4-hourly chart USDJPY. The pair couldn’t reach the level (6/8) and quit strong had a pullback down. Under this the 4-hourly supertrend line was broken, what says about trend dynamic loss. Now the price tests week supertrend lines, from which the pair can have a pullback up a bit, after this we wait for a further price decline.
Trading solutions: none.
Nikolay KrishtopovAnalyst of «FreshForex» company
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