24 February 2016, USD/JPY
The four-hours chart USDJPY. After pair has consolidated in oversold area, it continues to decrease. Now there is no preconditions for price rising. So as a main possibility we are expecting pair decrease. Nearest aim is on (-1/8) level. From this level pair could have upward correction. More medium-term aim for decrease is (-2/8) level.
Trading decisions: hold sells
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us