Retest of the level (4/8) | 13 January 2016

13 January 2016, USD/JPY

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Retest of the level (4/8)

The four-hours chart of USD JPY . After an extended consolidation, the pair broke the four-hours SuperTrend line upwardsand thereby cancelled the scenario of downward movement. At the moment, we can expect touch of the main support and resistance level (4/8), and rebound from this level.

Trading solutions: None

The four-hours chart of USD JPY . After an extended consolidation, the pair broke the four-hours SuperTrend line upwardsand thereby cancelled the scenario of downward movement. At the moment, we can expect touch of the main support and resistance level (4/8), and rebound from this level.

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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