We expect the price on the level (2/8) | 18 December 2015
18 December 2015, USD/JPY
The four-hour chart of USDJPY . The target level (8/8) has been achieved, whereupon the pair bounced down hard enough. At the moment the price is on the main level of support and resistance (4/8). This is the strongest level of the system, but most likely such a strong downward movement will bring the pair even lower. Therefore, the main option is further drop of the price to the level of (2/8).
Trading Solutions: None
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.
