Log in

Correctional growth will continue

06 May 2016, USD/JPY

Correctional growth will continue

The four-hours chart of USDJPY . The nearest goal of growth is the intermediate level of resistance (2/8). An outlook of a corrective growth depends on results of test of this level. Its breakthrough and consolidation above it will open a target for a further growth. A downward bounce would signal the beginning of a new descending wave.

Trading solutions: Keep buying from the level (0/8). The goal is the intermediate level of resistance (2/8)

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.