Trying to gain a foothold below the level of (0/8) | 01 Marzo 2016
01 Marzo 2016, USD/JPY
The four-hours chart of USD JPY . The pair failed to consolidate above the level (0/8), and now it is likely to continue a downward movement to retest the next level (-1/8), which is likely to be broken from the top to the bottom after a third approach. Accordingly, this option will no longer be relevant if the pair consolidates above the level of (0/8) Trading solutions: Close yesterday's Buy trades at current levels.
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.
