We are waiting when the price gets to the level (4/8) | 29 Juli 2015

29 Juli 2015, USD/JPY

We are waiting when the price gets to the level (4/8)

We are waiting when the price gets to the level (4/8)

The four-hours' chart of USDJPY . The pair is currently trying to consolidate above the level (6/8). Nevertheless, as long as the price is below the level of (7/8), the primary option is its decline as part of a reversal pattern. The target for drop is the main support and resistance level (4/8).We are waiting when the price gets to 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.
Nikolay Krishtopov
Analis perusahaan "FreshForex"
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