Expecting the price on the level (6/8) | 29 مارس 2016

29 مارس 2016, USD/JPY

The four-hour schedule USDJPY . Bulls do not give up and continue to push the price even higher. At the same time, they have formed a local support area on the four-hours SuperTrend line. From this area the pair bounced up and most likely in the near future we will see the price at the level of (6/8), from which, in turn, we expect a downward bounce. This is a very strong resistance area, from which bears just have to take the initiative, because its breakdown will cast doubt on the possibility of resumption of the downtrend. A local marker will be the local support area, which it is important to consolidate below this area for bears

Trading Solutions: sales from the level (6/8)


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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