Support is found at (4/8) | 01 Julio 2015

01 Julio 2015, USD/JPY

Support is found at (4/8)

4 hours’ chart of USDJPY. The pair has bounced from a strong support area, which had been formed by the main level of support and resistance 121.88 (4/8) and weekly Supertrend line. Now we're waiting for a further growth of the pair with the first target based on 123.44 (6/8). This scenario will only be cancelled by a breakthrough and consolidation of the price below the level 121.88 (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.
Nikolay Krishtopov
Analista de la empresa" FreshForex
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