We are waiting when the price reaches (4/8) | 22 May 2015
22 May 2015, USD/JPY
4 hours’ chart ofUSDJPY. We wait when reversal pattern will be shaped and within this framework we expect that price will get down to the main level of support and resistance (4/8). As of now, the only hindrance for this plan is 4 hours’ Super trend line, which renders a rather strong support under significan trend movements. But we expect that in the nearest time this support will be broken.
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.
