Still consolidating in a very narrow range | 16 Junio 2015

16 Junio 2015, USD/JPY

Still consolidating in a very narrow range

4 hours’ chart of USDJPY. For the last 24 hours, no changes has been noted on the chart. The price is still consolidating in a very narrow range on the level (6/8). Core option is the same, we are waiting for decline of the price down to the main level of support and resistance(4/8). But we still note that uncertainty is rather high now and probability of renewal of ascending movement is also very high.


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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