Waiting the price on the level (4/8) | 07 July 2015
07 July 2015, USD/JPY
4 hours’ chart of USDJPY. The pair has bounced upwards from the main level of support and resistance (4/8). Now we are to expect its further growth with the nearest target based on the level (6/8). If this level is broken from bottom to top, the next target for growth is the main level of resistance (8/8). This scenario will only be cancelled by breaking the level and consolidation of the price under (4/8).
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.
