The pair failed to gain a foothold in the oversoldness area | 16 October 2015

16 October 2015, USD/JPY

The pair failed to gain a foothold in the oversoldness area

The four-hours chart of USD JPY . The pair broke the level (0/8), but failed to gain a foothold in the oversoldness zone, which supports all of its area. At the moment, the price is approaching to the four-hours SuperTrend Line, from where it can rebound down targeting the level of (0/8), retest of which determined results to a high extent.

Trade Solution: None

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .