We expect the price on the level (4/8) | 23 April 2015
23 April 2015, USD/JPY
Wait when the price hits 120.31 (4/8).
Four hours’ chart of USDJPY. Once the level 119.53 (2/8) is broken from bottom to top, we deem growth of the pair as the most probable configuration. The first target is the main level of support and resistance 120.31 (4/8). Target has not been reached yet, so the main option is the above-mentioned one. Wait when the price hits 120.31 (4/8).
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.
