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Main plan remains the same

Main plan remains the same | 04 August 2015

04 August 2015, USD/JPY

Main plan remains the same

The four-hours' chart of USDJPY . The pair still can not gain a foothold above the level (7/8). Nevertheless, as long as the pair is located above the level of the intermediate support (6/8), its growth is considred to be the main plan for the price. The first target is the main resistance level (8/8). Therefore, this option will be canceled if the price gets below (6/8).

Nikolay Krishtopov
FreshForex Analyst
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