Main plan remains the same | 04 August 2015

04 August 2015, USD/JPY

Main plan remains the same

The four-hours' chart of USDJPY . The pair still can not gain a foothold above the level (7/8). Nevertheless, as long as the pair is located above the level of the intermediate support (6/8), its growth is considred to be the main plan for the price. The first target is the main resistance level (8/8). Therefore, this option will be canceled if the price gets below (6/8).


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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