Level (8/8) not able to hold price in overboughtness | 09 يونيو 2015
09 يونيو 2015, USD/JPY
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4 hours’ chart of USDJPY. The level (8/8) not able to hold price in overboughtness. This strong signal speaks not only for a strong correctional pullback, but also for a reversal of ascending trend in general. As of now, we are waiting for a correction to the intermediate level of support (6/8). Further direction of the price depends on how it tests this level.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
