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

Expecting the price on the level (6/8)

29 March 2016, USD/JPY

The four-hour schedule USDJPY . Bulls do not give up and continue to push the price even higher. At the same time, they have formed a local support area on the four-hours SuperTrend line. From this area the pair bounced up and most likely in the near future we will see the price at the level of (6/8), from which, in turn, we expect a downward bounce. This is a very strong resistance area, from which bears just have to take the initiative, because its breakdown will cast doubt on the possibility of resumption of the downtrend. A local marker will be the local support area, which it is important to consolidate below this area for bears

Trading Solutions: sales from the level (6/8)

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.