Potential of further growth remains | 06 September 2016

06 September 2016, USD/JPY

USD/JPY: potential of further growth remains

The four-hours chart USDJPY. Pair has one more retest of the main support/resistance level 103.13 (4/8). Buyers have hold price above this level. As a priority we can observe possibility with pair growth. The next aim is (6/8) level. Price has worked out the resistance of the weekly Supertrend line and for further rising to this level price should to break through it.

Trading decisions: hold yesterday deals on buy from 103.13 (4/8) level. The aim locates 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.
Nikolay Krishtopov
FreshForex Analyst
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