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We expect breakthrough of the level (4/8)

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

Nikolay Krishtopov
FreshForex Analyst
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