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We are waiting for the price on the level (6/8)

We are waiting for the price on the level (6/8) | 11 September 2015

11 September 2015, USD/JPY

We are waiting for the price level (6/8)

The four-hours chart of USDJPY . The pair is consolidating near the Supertrend Day line. Earlier on this line a local corrective pullback down has already occurred, so now we're waiting for breakdown of the resistance level and growth of the pair to the level (6/8), which in turn can lead to a new corrective pullback down.

Trading Solutions: keep yesterday's purchase

Nikolay Krishtopov
FreshForex Analyst
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