The price reversed on the level (1/8) | 14 December 2015

14 December 2015, USD/JPY

The price reversed on the level (1/8)

The four-hours chart of USD JPY . The pair bounced up from the pivot level (1/8). This is a signal of a further growth to the main support and resistance level (4/8). This option will be canceled in case of return and consolidation of the price below (2/8). In this case, we expect a further drop to the main support level (0/8).

Trading solutions: purchase from the level (2/8)


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
FreshForex Analyst
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