The pair has reversed on the level (7/8) | 25 Juni 2015

25 Juni 2015, USD/JPY

The pair has reversed on the level (7/8)

4 hours’ chart ofUSDJPY. For the second time, the pair has bounced from reversal level 1.2422 (7/8). Usually, if the price reverses from this point,The nearest target is based on the main level of support and resistance 1.2188 (4/8). This scenario will be cancelled by a break and consolidation of the pair above the point (7/8).


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
Analis perusahaan "FreshForex"
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