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We expect the price on the level (4/8)

23 April 2015, USD/JPY

Wait when the price hits 120.31 (4/8).

We expect the price on the level (4/8) Four hours’ chart of USDJPY. Once the level 119.53 (2/8) is broken from bottom to top, we deem growth of the pair as the most probable configuration. The first target is the main level of support and resistance 120.31 (4/8). Target has not been reached yet, so the main option is the above-mentioned one. Wait when the price hits 120.31 (4/8).

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FreshForex Analyst
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