18 July 2016, USD/JPY
The four-hours chart of USDJPY . Crossing the major support / resistance level (4/8) with the first attempt has failed. The price has bounced down, but remains to be above the four-hours SuperTrend line. It gives chances for a growth. Nevertheless, there is a strong level (4/8), and since the price could not penetrate it, we deem drop as the main plan. The alternative option for today is retest of major support and resistance level (4/8)
Trading solutions: The goal on the four-hours SuperTrend line has been reached.
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us