We are waiting for the price on the level (0/8)

03 February 2016, USD/JPY

We are waiting for the price on the level (0/8)

The four-hours chart of USDJPY . The target on the Day line of SuperTrend has been almost reached. It is not the strongest level of support, but we can expected an upward pullback from it. But in general, there are no serious prerequisites for the upward reversal of the price, so the main option is a deeper decline of the price. The next goal is the main support level (0/8).

Trading Solution: None

Nikolay Krishtopov
FreshForex Analyst
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