We expect the price at (2/8) | 22 أغسطس 2016
22 أغسطس 2016, USD/JPY
The four-hours chart of USDJPY . After an extended consolidation, the price has failed to consolidate below the main support level. As a result, a rather strong support area has been formed, from which the price rebounded upwards. So, growth is the main plan. The nearest goal is the intermediate level of resistance. The outlook of growth can only be discussed after consolidation of the pair above this level
Trading solutions: Keep buying. The goal is the intermediate level of resistance 101.56 (2/8).
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.
