We are expecting correction | 12 Februari 2016
12 Februari 2016, USD/JPY
The four-hours chart USDJPY. Level (0/8) couldn’t hold pair and it continued decreasing. Pair has stopped on (-1/8) level. A rising correction is developing from this level now. According to the volatility on this pair correction movement wouldn’t stop on (0/8) level. We are expecting stronger pullback nearly to the four-hours Supertrend line.
Trading decisions: sell from 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.
