Expecting the price on the level (2/8) | 21 Juni 2016

21 Juni 2016, USD/JPY

The four-hours chart of USDJPY . Bulls failed to cross resistance - the four-hours Supertrend line. The price has bounced down, thereby confirming our expectation of a deeper drop. The next target is still (2/8). Growth will be relevant if the bulls manage to push the four-hours SuperTrend line and gain a foothold there. But, at the moment, chances for the last plan are very low.

Trading solutions: No


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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