Growth is expected | 30 December 2015

30 December 2015, USD/JPY

Growth is expected

The four-hours chart of USDJPY . The pair bounced upwards from the main level of support (0/8). The rebound was not as strong as we would like it to be, however the level of (0/8) has sustained, so we still consider growth as the main option. The intermediate level resistance (2/8) is its goal. Local resistance is now four-hours SuperTrend line.

Trade Solutions: Keep buying with a view on the level of (2/8)


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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