Growth within the channel

09 December 2015, USD/JPY

Growth within the channel

The four-hours chart of USD JPY . The pair is still moving within the horizontal channel (6/8 - 8/8). Currently the pair is testing the lower border of the channel, from which we expected an upward bounce and growth within the channel from the lower to the upper border.

Trading solutions: purchase from the level (6/8) to the level (8/8)

Nikolay Krishtopov
FreshForex Analyst
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