Flat continues | 02 اكتوبر 2015

02 اكتوبر 2015, USD/JPY

Flat continues

The four-hours chart of USDJPY . The pair is still moving within the horizontal channel with the borders on the main level of support and resistance (4/8) and the day Supertrend line. It is worth to note that amplitude of fluctuations of the price has dropped significantly, which is a signal of the forthcoming move. Given that the pair is in the middle of the channel, the probability of both upward and downward movement is the same.

Trade Solution: None


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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