Going to get to (6/8)

12 October 2016, USD/JPY

The 4hours' chart of USDJPY . Yesterday bulls failed to push through the resistance line (Weekly SuperTrend Line). The pair managed to hold its positions above major support and resistance level (4/8). From this level the price is expected to take another attempt to pass weekly SuperTrend line, which should be over by breakdown of the resistance level. The target for growth is still (6/8). This option will only be canceled by breakdown and consolidation of the pair below (4/8)

Trading solutions: hold buy trades with the target 104.59 (6/8)

Nikolay Krishtopov
FreshForex Analyst
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