Leonid graduated from Donetsk National Technical University, specialization "Automation and process control". He came to the market five years ago. As a basis of trade he uses indicator «Murray levels» , also prefers the classical technical analysis.

USD/JPY rebounded from the mark 100.00

After the first rollback to STD1 pair continued downward movement. Support is provided round the mark at 0/8 (100.00), which could not be overcome. Against the background of attempts to gain a foothold below the level of 2/8 (103.13) is unlikely pair can go above this level. However, in case of breakdown at least one third of the width of the levels growth to the area of STH4 is possible. Therefore, despite the obvious bearish trend, the probability of a global growth has given too sharp rebound from the 0/8.

Trade recommendations:

Sell – 103.13; sl – 103. 70; tp - 102.00.

Buy – 103.75; sl – 103.10; tp – 104.90.  

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