The pair continued upward movement | 21 اكتوبر 2015
21 اكتوبر 2015, USD/JPY
The four-hours chart of USDJPY . After a durable consolidation, the price broke the level (2/8) and continued its growth. But now the price found resistance represented by the Supertrend Day line. We expect a downward rebound from this level targeting the level of (6/8). Breakdown of resistance line from the bottom to top would cancel this option.
Trade Solutions: sales 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.
