The next retest of the level (8/8) | 07 Diciembre 2015
07 Diciembre 2015, USD/JPY
The four-hour chart of USDJPY . From the level (6/8) the pair resumed its upward movement. At the moment, the price is approaching to resistance located at the level of (8/8). Our main expectation is breakdown of this level and consolidation of the price in the overboughtness zone. Alternatively, we expect a rebound from the level (8/8) and contination of the flat within the borders (6/8 - 8/8).
Trade Solutions: No
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.
