We are expecting decrease to 109 figure | 22 Marzo 2016
22 Marzo 2016, USD/JPY
The four-hours chart USDJPY. Correction after strong decrease. Ones again level (-1/8) has supported price. But pair is staying into overbought zone. The main possibility remains possibility with pair decrease. I think bulls couldn’t hold level (-1/8) very long and we will see the break through of this level and pair decrease to 109.38 (-2/8) level, when the pair rise this level the Murrey levels are going to be redrafted.
Trading decisions: sell from the four-hours Supertrend line
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.
