USDJPY – Down The four-hours chart of USDJPY . Murrey levels were redrafted and that reduced volatility of the instrument. Yesterday there was quite an unexpected reversal. Nevertheless, nothing critical for bulls has not happened yet. Certainly, a counterattack of bears was successful, but a key support area – (7/8) – was defended by bulls. Therefore, to date, potential for growth remains and this option is considered to be the main one. Solutions: at current levels you can make another attempt to enter Long. The goal is at 107.81 (+2/8). Put Stop Loss at 105.47 (7/8).
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
