The price is to reach the level (8/8) | 04 December 2015

04 December 2015, USD/JPY

The price is to reach the level (8/8)

The four-hours chart of USD JPY. Volatility of the instrument has fallen significantly in recent years. As a result, we see levels Murray redrafted. The pair is currently testing the level of (6/8). Meanwhile the pair fails to consolidate below this level, so growth of the pair to the level (8/8) is regarded by us as the main option .

Trade Solutions: no


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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