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Expecting the price on the level (4/8)

Expecting the price on the level (4/8) | 18 September 2015

18 September 2015, USD/JPY

We are waiting for the price level (4/8)

The four-hours chart of USDJPY . The pair has bounced down from the Day line of SuperTrend. Therefore, our main expectation is decline of the pair with a view on the main level of support and resistance (4/8). Breakdown of the Day Line of Supertrend from the bottom to top will cancel this expectation.

solutions: keep Sell trades at the level of (4/8)

Nikolay Krishtopov
FreshForex Analyst
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