Expecting the price on the level (2/8) | 25 أغسطس 2016

25 أغسطس 2016, USD/JPY

The four-hours chart of USDJPY . An ongoing consolidation of the price within the narrow range just above the main support level (0/8). However, at least until the price is hold above this mark, the prior option is still growth of the pair. The next target lies at the intermediate level of resistance (2/8). The main scenario will be canceled only by breakdown and consolidation of the price below (0/8)

Solutions: We keep buying. The goal lies at 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.
Nikolay Krishtopov
محلل شركة FreshForex
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