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Growth is about to resume

22 July 2015, USD/JPY

Growth is about to resume

4 hours’ chart of  USDJPY. The pair is going through correction and has already approached to nearest the area of support formed by (6/8) the intermediate level of support and day Supertrend line. From this area the price is expected to resume its growth with the target based on the main level of resistance  (8/8). This scenario will be cancelled by breaking the point (6/8) from top to bottom

Nikolay Krishtopov
Analyst of «FreshForex» company
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