Going through correction | 03 Juni 2015

03 Juni 2015, USD/JPY

Going through correction

4 hours’ chart of USDJPY. The pair has bounced from the main level of resistance 125.00 (8/8), having broken 4 hours’ Super trend line on the fly. As a rule, in such cases the intermediate level of support 123.44 (6/8) performs as the target. This pair can reverse price movement up again with the nearest target based on the level (8/8).


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
Analis perusahaan "FreshForex"
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