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The price is to reach the level (8/8)

04 December 2015, USD/JPY

The price is to reach the level (8/8)

The four-hours chart of USD JPY. Volatility of the instrument has fallen significantly in recent years. As a result, we see levels Murray redrafted. The pair is currently testing the level of (6/8). Meanwhile the pair fails to consolidate below this level, so growth of the pair to the level (8/8) is regarded by us as the main option .

Trade Solutions: no

Nikolay Krishtopov
FreshForex Analyst
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