Expecting the price on the level (0/8) | 06 Juli 2016
06 Juli 2016, USD/JPY
The four-hours chart of USDJPY . Support (1/8) has been broken. The pair continues to move down. The next level, which can influence the price is (0/8). This is one of the strongest levels in the system, and it is quite able to hold the price from a deeper fall. A deeper drop in the medium run can be enabled by its breakdown and consolidation below (0/8).
Solutions: no
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.
