We expect the price on the SuperTrend Day line | 22 January 2016

22 January 2016, USD/JPY

We expect the price on the SuperTrend Day line

The four-hours chart of USDJPY . After the reversal between levels (2/8) and (3/8) the pair continues to move upwards. The nearest resistance from, which we can expect a downward rollback of the price is on the Supertrend Day line. Expectation of a continued growth will be no longer relevant in the case of consolidation below the four-hours Supertrend Line.

Trading Solution: 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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