We expect the price on the level (2/8) | 18 Diciembre 2015

18 Diciembre 2015, USD/JPY

We expect the price on the level (2/8)

The four-hour chart of USDJPY . The target level (8/8) has been achieved, whereupon the pair bounced down hard enough. At the moment the price is on the main level of support and resistance (4/8). This is the strongest level of the system, but most likely such a strong downward movement will bring the pair even lower. Therefore, the main option is further drop of the price to the level of (2/8).

Trading Solutions: None


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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