The level (2/8) sustained | 22 December 2015

22 December 2015, USD/JPY

The level (2/8) sustained

The four-hours chart of USDJPY . The price attempted to cross the level (2/8), but as we can see, this attempt has failed. At the moment, the most likely option is growth of the pair to the four-hours SuperTrend line and then a downward bounce from the line of resistance. If the price gets below the level of (2/8), it will cancel this option.

Trading Solution: 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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