Waiting the price on the level (8/8) | 20 July 2015

20 July 2015, USD/JPY

Waiting the price on the level (8/8)

Waiting the price to hit level (8/8)

4 hours’ chart of  USDJPY. The pair is still consolidating under the reversal level (7/8). Meanwhile, its reversal to the level (4/8) is taken by us as an alternative option. The price is still held by 4 hours’ Supertrend line and it tells that trend is not over. Target for growth is the main level of resistance  (8/8).


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.
Nikolay Krishtopov
FreshForex Analyst
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