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

The level (0/8) is holding the price

27 September 2016, USD/JPY

USD/JPY: Level (0/8)is holding price

The four-hours chart USDJPY. After short consolidation above level (1/8) pair has broken this level. Strategic this isn’t small loss for buyers because it is only local support level. The key support level locates on (0/8) level and bears couldn’t break through this level. The main possibility is possibility with pair growth. The aim is intermediate support level (2/8). This possibility would be canceled if pair breaks level (0/8).

Trading decisions: buy from current levels with aim on 101.56 (2/8) level

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 .