Testing the strongest level in the system | 10 Juli 2015
10 Juli 2015, USD/JPY
4 hours’ chart of USDJPY. The pair is still proof testing the main level of support and resistance (4/8). So far, the pair failed to pass this level. The main scenario considered by us is renewal of decline with the nearest target based on the level (2/8). This scenario will be cancelled by consolidation of the price above on the level (4/8).
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.
