Flat continues | 14 اكتوبر 2015
14 اكتوبر 2015, USD/JPY
The four-hours chart of USDJPY . Flat continues. But it is little narrower. As you can see, the last time the price by no way can gain a foothold above the main support and resistance level (4/8). The SuperTrend Day line, which formerly used to be the upper border of the flat, has lifted to the mark (4/8). So we expect a further price movement with the flat direction, but in a more narrow range between the levels (0/8) and (4/8).
Trading solutions: purchase from the level (0/8), the sale from the SuperTrend Day 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.
