We are waiting for the price on the level (2/8) | 21 January 2016
21 January 2016, USD/JPY
The four-hours chart of USD JPY . The pair continues to decline, but the first target at the level of (2/8) has not been reached. An upward correction started between the levels. As a rule, such correctional movements do not have great prospects for development. Therefore, the rebound from the four-hours line of Supertrend is regarded by us as beginning of a new downward wave targeting (2/8).
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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.
