Four-hour chart USD/JPY. The currency pair squeezed the support on the weekly super trend line and continued to move down. The main target for the price movement now is the main support/resistance level of 107.81 (4/8). This is the strongest level in the system, so it can be expected to develop in the direction of the four-hour super trend line. This option will be cancelled after the price is fixed below the level (4/8). In this case, we can expect the price to fall to 107.42 (3/8).
USD/JPY: the price has approached the level (4/8)
01.11.2019Analytics