The pair has approached (6/8) | 13 July 2015
13 July 2015, USD/JPY
4 hours’ chart of USDJPY. Without much efforts, the pair has overcome the main level of support and resistance (4/8) from bottom to top and continued its growth. At present, the nearest level which is able to stop the pair, is the point (6/8). As soon as it is reached, we shall expect a pullback of the price with the first target based on 4 hours’ Supertrend line, whereupon an ascending movement may continue. .
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.
