Waiting when the price will hit level (8/8) | 23 July 2015
23 July 2015, USD/JPY
4 hours’ chart of USDJPY. The pair has bounced upward from the the area of resistance formed by day Supertrend line and intermediate level of support (6/8) but faced resistance on the 4 hours’ Supertrend line. So, by the moment, retest of the above-mentioned support area is likely to happen and bounce from that area with a further growth to the level (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.
