Waiting for retest of the level (2/8) | 09 September 2016
09 September 2016, USD/JPY
The four-hours chart USDJPY. Now the level (2/8) could hold price. From this level we could see upwards pullback. But bulls couldn’t quickly turn price back so it is possible we could waiting restart (2/8) level. But it is difficult to say would be break through this level. On the other hand it is important for bulls to hold price above (2/8) level to break through this tendency. We are waiting for further price movement.
Trading decisions: no
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.
