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We are expecting price on (0/8) level

19 February 2016, USD/JPY

We are expecting price on (0/8) level

The four-hours chart USDJPY. After a long consolidation on the four-hours Supertrend line, the pair has broken it. The nearest support is on (0/8) level. The main possibility is further decrease of the pair to (0/8) level.

Trading decisions: sell from the four-hours Supertrend line

.

The four-hours chart USDJPY. After a long consolidation on the four-hours Supertrend line, the pair has broken it. The nearest support is on (0/8) level. The main possibility is further decrease of the pair to (0/8) level.

Trading decisions: sell from the four-hours Supertrend line

.

Nikolay Krishtopov
FreshForex Analyst
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