Potential for growth remains | 14 July 2016
14 July 2016, USD/JPY
The four-hours chart of USDJPY . Bulls still manage to hold the price above the four-hours SuperTrend Line. This is a good signal for continuation of the upward movement. The main plan is growth targeting the major support and resistance level (4/8). The alternative option - drop of the price to the nearest goal (2/8) - will be relevant only if bears manage to push support - the four-hours SuperTrend line down. Trading solutions: buy from current levels with the nearest goal - the main level of support and resistance (4/8).
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
