The pair is approaching to the first level of resistance | 09 سبتمبر 2015

09 سبتمبر 2015, USD/JPY

 to the first level of resistance

The four-hours chart of USDJPY . After the price has bounced from the main support and resistance level (4/8), resumption of the upward movement became main expectation. The pair is currently coming to the first level of resistance, which acts as a SuperTrend Day line. We can expect a roll back down, but only as a local correction. The main goal at the moment is the level (6/8).

Trading Solutions: close Long on the Day SuperTrend line .


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.
Nikolay Krishtopov
محلل شركة FreshForex
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