The pair is moving to the level (8/8) | 01 June 2015
01 June 2015, USD/JPY
4 hours’ chart of USDJPY. The pair continues an upward movement. It appears that the level (7/8) cannot show a strong resistance and soon will be reached from bottom to the top. Growth target still remains to be at the main resistance level (8/8). 4 hours’ Super trend line shall be considered as the nearest support level and this line works well under strong trend movements.
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.
