30 April 2015, USD/JPY
At present the pair has entered oversoldness area
4 hours’ chart of USDJPY. After all, the pair has forced the main support level (0/8) and now it turned into its resistance level which retains the price from leaving the oversoldness area.
As long as the quote is below (0/8), our main expectation will be its further decline.
We consider the level (-2/8) as the target.