We are waiting for the price on the level (6/8) | 29 Enero 2016

29 Enero 2016, USD/JPY

We are waiting for the price on the level (6/8)

The four-hours chart of USDJPY . Against the news background, the pair shot up. Most likely, the upward movement will still continue for some time before a downward pullback will happen. Target for growth is the level (6/8). Once it is reached, we expect a downward pullback. In the case of breakdown of the level (6/8), we can expect further growth with a view on the level of (8/8).

Trading Solution: 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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