The pair broke channel (3/8 - 5/8) | 15 May 2015
15 May 2015, EUR/USD
.png "The pair broke channel (3/8 - 5/8)")
4 hours’ chart of USDJPY. The pair has settled above (5/8) level and it means the end of movement in horizontal channel (3/8 – 5/8). There was a small move with flat, so out of it can not be considered as a predictor signal. However, we are considering a priority option with increasing pair. You should wait for price fixing above the (6/8) mark to confirm the continuation of the upward trend .
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.
