manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
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
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .