Waiting until the price leaves the flat | 18 May 2016
18 May 2016, USD/JPY
The four-hours chart of USDJPY . The price may move up from the flat and break the channel's upper border. Medium-term goal is the level 110.94 (6/8). Decline will become relevant only if bears manage to push and keep the price below the Day Supertrend Line Trading solutions: Who did not close the purchase hold them further. Those who closed Buy trades, should look for new entry points around the four-hours SuperTrend line.
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.
