The levels have been redrafted | 11 January 2016
11 January 2016, USD/JPY
The four-hours chart of USDJPY . Target level (-2/8) has been reached as the result of redrafted Murrey levels. Currently the pair is at the level (3/8), which can not provided decent support for the pair, so we consider continuation of the downward movement as the main option. But a corrective upward pullback from current position is quite possible.
Trading solutions: close Sales at current levels
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.
