Retest of the point (2/8) is expected | 09 July 2015

09 July 2015, USD/JPY

Retest (2/8) is expected

4 hours’ chart of  USDJPY. The pair continued its decline. Having reached support on the level (2/8), it returned to the bottom. Correction will be over in the resistance area formed by the main level of support and resistance  (4/8) and weekly Supertrend line. After that, we shall expect retest of the point (2/8) and chances are rather good for that.


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.
Nikolay Krishtopov
FreshForex Analyst
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