The four-hours chart of USDJPY . Bulls failed to cross resistance - the four-hours Supertrend line. The price has bounced down, thereby confirming our expectation of a deeper drop. The next target is still (2/8). Growth will be relevant if the bulls manage to push the four-hours SuperTrend line and gain a foothold there. But, at the moment, chances for the last plan are very low.
Trading solutions: No