Potential of further growth remains | 06 September 2016

06 September 2016, USD/JPY

USD/JPY: potential of further growth remains

The four-hours chart USDJPY. Pair has one more retest of the main support/resistance level 103.13 (4/8). Buyers have hold price above this level. As a priority we can observe possibility with pair growth. The next aim is (6/8) level. Price has worked out the resistance of the weekly Supertrend line and for further rising to this level price should to break through it.

Trading decisions: hold yesterday deals on buy from 103.13 (4/8) level. The aim locates on 104.69 (6/8) level.

Nikolay Krishtopov
FreshForex Analyst
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