manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

We are expecting decrease to 109 figure

22 March 2016, USD/JPY

 We are expecting decrease to 109 figure

The four-hours chart USDJPY. Correction after strong decrease. Ones again level (-1/8) has supported price. But pair is staying into overbought zone. The main possibility remains possibility with pair decrease. I think bulls couldn’t hold level (-1/8) very long and we will see the break through of this level and pair decrease to 109.38 (-2/8) level, when the pair rise this level the Murrey levels are going to be redrafted.

Trading decisions: sell from the 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.