The pair has approached (7/8) | 24 June 2015
24 June 2015, USD/JPY
4 hours’ chart of USDJPY. The pair has approached to the nearest he main level of resistance (7/8). The main feature of this level is that if the price stops at it, a strong pullback is coming with the target based on the main level of support and resistance (4/8). The target was not reached in the first case, so we are waiting for success of the second effort. This option will be cancelled by breaking the level (7/8) from bottom to top.
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.
