Log in

Expecting the price at the level (2/8)

28 September 2016, USD/JPY

USD/JPY: We are expecting price on level (2/8)

The four-hours chart USDJPY. Pair hasn’t had important changes yesterday. Pair continues consolidation above the main support level (0/8). Until this level holds price we consider possibility with pair growth as a priority. The nearest aim for growth is support area between 101.56 (2/8) level and daily Supertrend line. This possibility would canceled if pair brakes through and consolidates under (0/8) level.

Trading decisions: hold yesterday deals on buy with aim on 101.56 (2/8) level.

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.