Growth is expected | 23 Diciembre 2015

23 Diciembre 2015, USD/JPY

Growth is expected

The four-hours chart of USDJPY . The price has made another attempt to continue its downward movement and bounced up off the reversal level (1/8). It is too early to say about reversal, because we have no confirmation in the form of consolidation above the four-hours SuperTrend line. Nevertheless, at present the highest priority is growth of the pair to the level of (4/8). If the price gets below the level of (1/8), this option will be cancelled.

Trading solutions: purchase from current levels


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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