Wait for one more test of 4/8 | 13 May 2015

13 May 2015, USD/JPY

We are waiting for one more testing of 4/8 level

Wait for one more test of 4/8

H4 chartUSDJPY. This pair was not able to break the main strong resistant/support level of 4/8 one more time. But there was no a considerable rollback from this level, that's why new testing is expected in current situation here. Thus, the main scenario for this day – the price will go to (4/8) level again and test it.


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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