Expecting the price on the level (8/8) | 30 Mei 2016
30 Mei 2016, USD/JPY
The four-hours chart of USDJPY . Finally, bulls began to move the price up actively. At the same time, the price has easily broken through the next target level (6/8) thus enabling a further growth. The next target is the main resistance level (8/8). But it is not necessary to dismiss the possibility of a reversal at (7/8), though this is an alternative option.
Trading solutions: if you have not closed at (6/8), you can hold the position further, the next target is (8/8), Stop Loss can be pulled to the level of (5/8)
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.
