Bears took the lead | 30 مارس 2016

30 مارس 2016, USD/JPY

The four-hours chart of USDJPY . Bulls could not hold the price at (6/8). In fact, such a situation was expected in our previous reviews, because this was a key area of ​​resistance, where bears had just to take the initiative to continue the downward movement. From current levels we can expect a rollback of the prices up, but it is only on the local level, whereas te medium-term priority is still drop of the pair targeting (2/8). As long as the price is under (6/8) , there is no outlook of medium-term growth.

Trading Solutions: sales from the four-hours line of Supertrend


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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