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Wait for one more test of 4/8

13 May 2015, USD/JPY

We are waiting for one more testing of 4/8 level

Wait for one more test of 4/8

H4 chartUSDJPY. This pair was not able to break the main strong resistant/support level of 4/8 one more time. But there was no a considerable rollback from this level, that's why new testing is expected in current situation here. Thus, the main scenario for this day – the price will go to (4/8) level again and test it.

Nikolay Krishtopov
FreshForex Analyst
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