Expecting growth to (8/8) | 03 أغسطس 2015
03 أغسطس 2015, USD/JPY
The four-hours' chart of USDJPY . In the previous review, we'd noted that decline to the main level of support-resistance (4/8) will be relevant only if price bounces from the level of (7/8) to lower levels provided that the level (6/8) will be broken from the top down . As you can see, the price bounced from the level of (6/8) in the upward direction. It means that decline of the pair to the level (4/8) is canceled. We consider growth of the pair to the main resistance level (8/8) to be the core plan.
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.
