Expecting the price at (2/8) | 23 September 2016

23 September 2016, USD/JPY

USD/JPY: Expecting price on level (2/8)

The four-hours chart USDJPY. As we expect pair is correcting. The nearest aim for correction upwards pullback on the four-hours Supertrend line has been reached. Now we are waiting for decrease pullback from this level. But in the whole potential for deep correction upwards pullback is remain. As a priority we consider possibility with continue rising moving with next aim on intermediate resistance level (2/8). It would be difficult.

Trading decisions: buy from 100.78 (1/8) level with aim on level 101.56 (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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