We are expecting decrease | 22 February 2016

22 February 2016, USD/JPY

We are expecting decrease

The four-hours chart USDJPY. Pair is on main support level (0/8), but there is no strong bounce from this level and price is under the four-hours Supertrend line. The main possibility is possibility with decreasing price movement. It will be canceled if pair consolidates above the four-hours Supertrend line.

Trading decisions: sell from the four-hours Supertrend line.


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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