Wait the price to hit level (4/8) | 11 يونيو 2015
11 يونيو 2015, USD/JPY
.png "Wait the price to hit level(4/8)")
4 hours’ chart ofUSDJPY. Following to a rather strong decline, the pair is going through correction. The nearest target for correction is the part between 4 hours' Supertrend line and the level (6/8). We can expect that the price will fall from this level with the target based on the main level of support and resistance (4/8). As long as the price is under (6/8), we cannot consider possibilities of renewal of growth.
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.
