The pair has reached the area of support | 27 Abril 2015
27 Abril 2015, USD/JPY
4 hours’ chart of USDJPY. The pair has reached the area of support which had been formed by the line of the week’s supertrend line and level (0/8). This is a rather strong support area from which you can expect renewal of growth of pair. The intermediate level of resistance (2/8) is the target for growth. Only once the price breaks through and gets consolidated below (0/8), we can expect continuation of descending movement.
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.
