Bulls don’t give up | 11 مارس 2016
11 مارس 2016, USD/JPY
The four-hours chart USDJPY. Pair has bounced upwards from the main support level (0/8). But price couldn’t break through (1/8) level. According to the rules of our system, level (1/8) is weak as a resistance level. Main possibility is movement in bullish direction. Price consolidation was durable which promises strong growth in the future. But at first it will be good to test the level (2/8).
Trading decisions: buy from the four-hours 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.
