Log in

Again we storm level (5/8)

18 April 2016, USD/JPY

The four-hours chart of USDJPY . Now the pair is proof-testing support at the level of (5/8) again. This is the second attempt and the price can break it down easily. At the moment, we can expect a rollback to the four-hours line of SuperTrend and the level (5/8). On breakdown of the support level, the next target for drop is the main support / resistance level (4/8)

Trading solutions: Next goal at the level of (5/8) c has been reached. We can settle on sales, but if we consider the situation in the medium-term, it is possible to keep the position in the future.

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.