We are waiting for the price on the level (-2/8) | 09 February 2016

09 February 2016, USD/JPY

We are waiting for the price on the level (-2/8)

The four-hours chart of USD JPY . The pair continued to move down and by breaking through the main support level (0/8) it has entered the oversoldness area. This area is supporting the price, but as long as it is below the level (0/8), continuation of the downward movement remains to be our main expectation. The target is the level of (-2/8) by reaching which the price will redraft Murrey levels

Trading solutions: Keep yesterday's sales to the level of (-2/8)


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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