The level (0/8) is still holding the price | 18 أغسطس 2016
18 أغسطس 2016, USD/JPY
The four-hours chart of USDJPY . On a corrective pullback from the level of (0/8), the pair has faced resistance at the next level, which is usually repersented by the four-hours SuperTrend line. As a result, the pair is retesting support level (0/8), which cannot be corssed. As long as the price is above (0/8), the main option is growth. It will be canceled only when the price starts to be oversold
Trading solutions: Buy from current levels with the stop set behind the local Low. The goal is at the intermediate level of resistance 101.56 (2/8).
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.
