Decline will continue | 12 January 2016
12 January 2016, USD/JPY
The four-hours chart of USD JPY . The pair had bumped up against the four-hours SuperTrend Line. As long as this line is not broken, it is too early to talk about further growth of the pair. As a prior option we regard continuation of the downward movement hitting the level of (2/8). Therefore, this option will be canceled in case of breakdown of the four-hours Supertrend line from bottom to top.
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.
