14 July 2015, USD/JPY
4 hours’ chart of USDJPY. The pair is trying to consolidate above (6/8). Now we cannot tell about this consolidation as a completed fact, but chances to overcome this point successfully are rather good. Additional support to the price is given by the 4 hours’ Supertrend line, to which the price provides a good respond. If the pair manages to consolidate above (6/8), then the main level of resistance (0/8) will become its next target.
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us