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Price is in oversold area

25 February 2016, USD/JPY

Price is in oversold area

The four-hours chart USDJPY. Pair has decreased but after reaching (-1/8) level price bounced upwards. Price is in oversold area. The main possibility is pair decrease. If the pair consolidates above (0/8) level this possibility will be canceled.

Trading decisions: no

The four-hours chart USDJPY. Pair has decreased but after reaching (-1/8) level price bounced upwards. Price is in oversold area. The main possibility is pair decrease. If the pair consolidates above (0/8) level this possibility will be canceled.

Trading decisions: no

Nikolay Krishtopov
Analyst of «FreshForex» company
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