Correction | 07 Juli 2016

07 Juli 2016, USD/JPY

Correction

The four-hours chart of USDJPY . A little space remained for the pair to reach the target on the main support level (0/8). We may not see a retest and touch this level. Anyway, we expect a local corrective upward pullback from this level targeting the SuperTrend Daily line. A stronger resistance level is at (2/8). This option will be canceled by breakdown of (0/8) from top to bottom. In such a case we will be waiting for continuation of the downtrend, as there are no signs of its completion

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"
Close
Masuk