Waiting when the price will hit the level (8/8) | 21 Juli 2015

21 Juli 2015, USD/JPY

Waiting when the price will hit the level (8/8)

4 hours’ chart of USDJPY. The level (7/8) has been passed successfully and the pair continues to move in the upward direction. Support line is represented by the 4 hours’ Supertrend line. Target for growth is the main level of resistance 125.00 (8/8). Waiting when the price will hit this level. An alternative option could be a probable growth to the same target but it made through a correctional pullback to the day Supertrend line .


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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