Time Frame: 4H
Symbol: JPYUSD
Entry: 0.008642
TP: 0.008716
SL: 0.008584
Bias: Long
The price is now loitering at the support level. A reversal of the current price pattern may occur resulting in a long trade. Our technical studies show a bearish pattern but in most of the case, the current price level is over sold and therefore a bullish expectation is obvious.