Can get stuck within the flat | 20 April 2016
20 April 2016, USD/JPY
The four-hour chart of USDJPY . Buyers hava faced the level of resistance (6/8). But we can not say that the resistance is very strong, especially as long as the price can be held above the four-hours SuperTrend line. Therefore, it is likely that the price will move higher. Nevertheless, the downward medium-term trend remains to be the prior option. The first goal is still represented by support - the level of (5/8). Do not forget about the alternative plan - flat (5/8 - 6/8). < p> Trading solutions: keep selling
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.
