manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Bears took the lead

30 March 2016, USD/JPY

The four-hours chart of USDJPY . Bulls could not hold the price at (6/8). In fact, such a situation was expected in our previous reviews, because this was a key area of ​​resistance, where bears had just to take the initiative to continue the downward movement. From current levels we can expect a rollback of the prices up, but it is only on the local level, whereas te medium-term priority is still drop of the pair targeting (2/8). As long as the price is under (6/8) , there is no outlook of medium-term growth.

Trading Solutions: sales from the four-hours line of Supertrend

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

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

Tell us

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 .