Growth is expected | 26 January 2016

26 January 2016, USD/JPY

Growth is expected

The four-hours chart of USDJPY . Downward correction is developing from the main support and resistance level (4/8). But now the pair has approached the four-hours SuperTrend line, from which the price may resume its upward movement with the next target based at the Weekly SuperTrend line. Consolidation of the pair below the four-hours SuperTrend line will cancel this option.

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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