The pair broke channel (3/8 - 5/8) | 15 Mei 2015

15 Mei 2015, EUR/USD

The pair broke channel (3/8 - 5/8)

4 hours’ chart of USDJPY. The pair has settled above (5/8) level and it means the end of movement in horizontal channel (3/8 – 5/8). There was a small move with flat, so out of it can not be considered as a predictor signal. However, we are considering a priority option with increasing pair. You should wait for price fixing above the (6/8) mark to confirm the continuation of the upward trend .


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
Analis perusahaan "FreshForex"
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