Target is on the level (8/8) has been reached | 06 August 2015
06 August 2015, USD/JPY
The four-hours' chart of USDJPY . The target on the main resistance level has been (8/8) achieved. This is a very strong level, which often attracts not only strong correctional pullbacks, but also trend reversal. However, talking about turn of the price is early cause there is no confirming signal of reversal. Therefore, the main option to consider is continuation of growth of the pair.
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.
