Waiting when the price will hit level (8/8) | 18 Agustus 2015

18 Agustus 2015, USD/JPY

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

We are waiting for the price to hit the level (8/8)

The four-hours' chart of USDJPY . The pair is still consolidating in a narrow range just above (7/8). Our main expectation is stil growth of the price. Its goal is located on the main resistance level (8/8). Therefore, this option will be canceled in case of breakdown of the Day SuperTrend line from top to bottom.Waiting when the price will hit level (8/8)


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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