Potential for growth | 30 أغسطس 2016
30 أغسطس 2016, USD/JPY
The four-hours chart of USDJPY . We are witnessing a local corrective pullback from (3/8). So far, the four-hours SuperTrenda line is providing the price with support. This line works well on a good trend movement, so rebound from this level is a signal that the upward movement would continue. Main support and resistance level (4/8) serves as the next target for growth. This option will be canceled by breakdown and consolidation of the price below the four-hours' SuperTrend Line. Therefore, it is important for bulls to hold the price at current levels,
Trading solutions: None
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.
