Correction | 21 December 2015

21 December 2015, USD/JPY

Correction

The four-hours chart of USD JPY. As we expected, the pair continued downward movement targeting the level of (2/8). At the moment, at this level the price has found support, from which we can expect a corrective upward movement. The first goal for a rollback is the four-hours' Supertrend line, from which we expect a new downward wave.

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.
Nikolay Krishtopov
FreshForex Analyst
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