Expecting the price on the level (4/8) | 10 أغسطس 2016
10 أغسطس 2016, USD/JPY
The four-hours chart of USDJPY . A downward rollback took place between (3/8) and (4/8). Typically, such reversals do not have a lot of potential. The price is still higher than the local support area formed above the level (1/8). Therefore, growth and work out of a reversal pattern is still the main plan. The target is the major support and resistance level (4/8)
Trading solutions: Buy from current levels with a view on the level of 103.13 (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.
