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Expecting a breakthrough of (2/8)

Expecting a breakthrough of (2/8) | 30 June 2016

30 June 2016, USD/JPY

The four-hours chart of USDJPY . Volatility is still quite low. The pair continues to consolidate within a very low range just below the intermediate resistance level 103.12 (2/8). No rebound from this level took place. Buyers continue push the price to this mark, so the main plan is still growth. The goal remains the same: SuperTrend Daily line, because it is the closest level significant level of resistance after 103.12 (2/8), which can impact on the price

Trading solutions: No

Nikolay Krishtopov
FreshForex Analyst
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