Log in

We are expecting correction

12 February 2016, USD/JPY

We are expecting correction

The four-hours chart USDJPY. Level (0/8) couldn’t hold pair and it continued decreasing. Pair has stopped on (-1/8) level. A rising correction is developing from this level now. According to the volatility on this pair correction movement wouldn’t stop on (0/8) level. We are expecting stronger pullback nearly to the four-hours Supertrend line.

Trading decisions: sell from four-hours Supertrend line.

Nikolay Krishtopov
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.