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The level (0/8) is still holding the price

24 August 2016, EUR/USD

The four-hours chart of USDJPY . Over the last day no significant changes have happened on the chart. The pair continues to consolidate above the main support level (0/8). Since the price is above this level, the main option is a corrective growth. As usual, the nearest goal is the resistance level (2/8). This option will be canceled only breakdown and consolidation below (0/8)

Solutions: We keep buying. The goal lies at the intermediate level of resistance 101.56 (2/8).

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FreshForex Analyst
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