We are expecting further growth | 05 September 2016
05 September 2016, USD/JPY
The level (4/8) continues holding the price but support on this level is getting stronger. So the main possibility is growth. The nearest goal is at level (6/8). In medium-term period we can expect the price on the main resistance level (8/8). Drp becomes relevan after breakthrough and consolidation under the main support / resistance level (4/8), but there no signs of this.
Trading decisions: buy from level 103.13 (4/8) with the next goal on 104.69 (6/8) level.
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.
