Waiting when the price will hit level (8/8) | 17 August 2015
17 August 2015, USD/JPY
The four-hour chart of USDJPY . The pair is consolidating in a narrow range just above the point (7/8). I will remind that after an upward rebound of the price from the Day Supertrend line, the primary scenario is growth of the pair. The target is based on the main resistance level (8/8). Accordingly, this option will be canceled in case of breakdown of the Day SuperTrend line from top to bottom.
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.
