USDJPY – Down The four-hours chart of USDJPY . The main support and resistance level (4/8) is broken. The upward movement with the medium-term goal at (6/8) is the main plan. Sales are not even considered, because there are no prerequisites for a downward reversal. Just below the main support and resistance level (4/8), a rather strong support area has been formed. As long as the pair is above it, growth of the pair is the main option. Trading solutions: keep yesterday’s buying, Stop Loss can be moved to breakeven.
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.
