The next retest of the level (8/8)
07 December 2015, USD/JPY
The four-hour chart of USDJPY . From the level (6/8) the pair resumed its upward movement. At the moment, the price is approaching to resistance located at the level of (8/8). Our main expectation is breakdown of this level and consolidation of the price in the overboughtness zone. Alternatively, we expect a rebound from the level (8/8) and contination of the flat within the borders (6/8 - 8/8).
Trade Solutions: No
Nikolay KrishtopovAnalyst of «FreshForex» company
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