Decline | 19 January 2016

19 January 2016, USD/JPY

Decline

The four-hours chart of USDJPY . The price has approahced the four-hours' SuperTrend line and now we are waiting when the price prices will bounce down off this line. Target for decline is the level (2/8). This option will be canceled if the pair consolidates above the four-hours SuperTrend Line. In this case, we expect the price on the Day line of SuperTrend.

Trading Solutions: sales from the four-hours Supertrend Line


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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