Could not break through the level (4/8) | 27 January 2016

27 January 2016, USD/JPY

Could not break through the level (4/8)

The four-hours chart of USD JPY . The pair failed to break a major support and resistance level (4/8). The orice continues to consolidate below this mark. After another retest of the level (4/8) we can expect resumption of the downward movement. This option will be canceled if the pair consolidates above the level (4/8).

Trading solutions: sales from the level of (4/8)


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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