The pair is clamped in a horizontal channel | 21 Septiembre 2015

21 Septiembre 2015, USD/JPY

A pair clamped in a horizontal channel

The four-hours chart of USDJPY . The pair is sandwiched between the main support and resistance level (4/8), and the SuperTrend Day line. Currently it is developing an upward movement from the bottom line of flat to its top line. In the near future we expect the flat within the formed channel to continue.

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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.
Nikolay Krishtopov
Analista de la empresa" FreshForex
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