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Wait the price to hit level (4/8)

22 April 2015, USD/JPY

Wait the price to hit level (4/8) Here we see four hours’ chart of USDJPY.

The level (2/8) was hit from bottom to top, so the main scenario we consider now is growth.

Four hours’ Supertrend line should be used as the Support line.

Target for growth is the main level of support and resistance which by now is also supported by the day Supertrend line.

So, let's wait the price to hit level (4/8)

analytic
FreshForex Analyst
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