Price reversed on the level of (7/8) | 27 July 2015

27 July 2015, USD/JPY

Price reversed on the level of (7/8)4-hours' chart of USDJPY . After a slight breakthrough of the reversal level (7/8), the pair has confidently entrenched below the four-hours' SuperTrend line and now it is about to attach the intermediate support level (6/8). So, in the near future we may see how the price will wok on the reversal pattern trying to fall down to the main support and resistance level (4/8). This option will be canceled if the price gets above 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
Close
ปูมบันทึกอยู่ใน