The pair has stopped at the level of (4/8) | 25 January 2016

25 January 2016, USD/JPY

The pair has stopped at the level of (4/8)

The four-hours chart of USD JPY . The pair went to the main support and resistance level (4/8), and stood on it. This is the strongest level of resistance that is very difficult to cross, so we can expect him at least a slight downward pullback of the price before it continues its upward movement. Support line is the four-hours line of SuperTrend.

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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