manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Log in

Target is on the level (8/8) has been reached

06 August 2015, USD/JPY

Target is on the level (8/8) has been reached

The four-hours' chart of USDJPY . The target on the main resistance level has been (8/8) achieved. This is a very strong level, which often attracts not only strong correctional pullbacks, but also trend reversal. However, talking about turn of the price is early cause there is no confirming signal of reversal. Therefore, the main option to consider is continuation of growth of the pair.

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

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

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .