Bulls justify our expectations | 25 May 2016
25 May 2016, USD/JPY
The four-hours chart of USDJPY . Bears decided not to tempt a fate and seized the initiative, without waiting when the price drops to the Day SuperTrend line. Thus, our expectations remain the same. The medium-term expectation is growth of the pair targeting 110.94 (6/8). We do not consider a drop scenario as bears did not manage to break any one of the major support levels Trading solutions: Buy trades can keep hold by shifting Stop Loss order to breakeven. No new good entry points yet
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.
