Pressure to (8/8) is getting stronger | 05 June 2015

05 June 2015, USD/JPY

Pressure to (8/8) is getting stronger

4 hours’ chart ofUSDJPY. As we see, there was no significant bounce from the main (8/8) level of resistance. The pair continues to get consolidated near the closest level, thereby increasing chances to break of this point from bottom to top. In this case, the first target will be the point (+1/8), from which you can expect a bounce to retest the point (8/8) from the opposite side.

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .