We are waiting for a further growth | 17 December 2015

17 December 2015, USD/JPY

We are waiting for a further growth

The four-hour chart of USDJPY . As we expected, the main support and resistance level (4/8) was broken upwards. Currently the pair is testing level (6/8), from which we are witnessing a slight corrective pullback. But in the future we can expect breakdown of the level from bottom to top and growth to the main resistance level (8/8).

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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