Level (0/8) is holding price | 29 February 2016

29 February 2016, USD/JPY

The four-hours chart USDJPY. Pair has bounced from main support level (0/8), but now it come back to this level. Pair has early gone off the oversold area and it is could be medium-term price turn. So price is located above (0/8) level. Growth of the pair is a main possibility.

Trading decisions: buy from (0/8) level

Level (0/8) is holding price

The four-hours chart USDJPY. Pair has bounced from main support level (0/8), but now it come back to this level. Pair has early gone off the oversold area and it is could be medium-term price turn. So price is located above (0/8) level. Growth of the pair is a main possibility.

Trading decisions: buy from (0/8) level


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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