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The pair is moving to the level (8/8)

The pair is moving to the level (8/8) | 01 June 2015

01 June 2015, USD/JPY

The pair is moving to the level (8/8)

4 hours’ chart of USDJPY. The pair continues an upward movement. It appears that the level (7/8) cannot show a strong resistance and soon will be reached from bottom to the top. Growth target still remains to be at the main resistance level (8/8). 4 hours’ Super trend line shall be considered as the nearest support level and this line works well under strong trend movements.

Nikolay Krishtopov
FreshForex Analyst
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