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Wait for (8/8) level retest

10 August 2015, USD/JPY

Wait for (8/8) level retest

The USDJPY four-hour chart.USDJPYThis pair could not break the main (8/8) resistance level even with second attempt. Now there is a big rollback from this level here. Anyway, the main scenario is an increase of this pair. So, wait for retest of (8/8) level. Its results will help us to consider a direction of further possible price moving.

Nikolay Krishtopov
FreshForex Analyst
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