Expecting the price on the level (0/8) | 05 Agustus 2016
05 Agustus 2016, USD/JPY
The four-hours chart of USDJPY . The pair could not break the intermediate resistance level (2/8) and bounced off it. So, growth to the main support and resistance level (4/8), which we expected yesterday is under a big question. To date, continuation of the downward movement to the main support level (0/8) is more probable.
Trading solutions: close purchases by the current price and look for Sell options at o 101.56 (2/8) to the main support level 100.00 (0/8).
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.
