We expect breakthrough of the level (4/8) | 16 December 2015

16 December 2015, USD/JPY

We expect breakthrough of the level (4/8)

The four-hour chart of USDJPY . The price has reversed on the main level of support (0/8) and by the moment it had reached a major support and resistance level (4/8). The probability of breakdown of this level from bottom to top is rather high. The main expectation is a continued growth of the pair. The nearest goal is the level (6/8).

Trading Solution: None


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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